AirAsia changes name to Capital A to reflect new core strategy

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KUALA LUMPUR: AirAsia Group Bhd has finalised the name change of its listed holding company to Capital A Bhd to reflect its growing portfolio of travel and lifestyle businesses.

Colin Currie, President of Capital A and CEO, AirAsia Digital Sdn Bhd; Bo Lingam, President and Group CEO, AirAsia Aviation Limited; Tan Sri Tony Fernandes, Chief Executive Officer of Capital A; and Aireen Omar, President of Capital A and CEO, Redbeat Capital Inc at the announcement of Capital A media event in Kuala Lumpur..has finalised the name change of its listed holding company to Capital A Bhd to reflect its growing portfolio of travel and lifestyle businesses.

“While the airline will always retain the AirAsia brand, it has long been my firm intention, well before the Covid-19 crisis hit air transport, to leverage the strong data we have built over 20 years and incorporate industry-leading new technologies to offer a broad range of products and services. Fernandes said Capital A is not only an aviation company but is also an investment holding company with a broad portfolio of businesses such as logistics, lifestyle and financial services.

“We are now delivering more products and services under one umbrella than any other brand in Asean and with access to over 700 million people in the region, I foresee incredible growth opportunities for our brand across many different industries in all of our core markets,” he said.

 

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