Capital A

From Wikipedia, the free encyclopedia

Capital A Berhad (MYX: 5099; d/b/a Capital A) is a Malaysian investment holding company headquartered in Kuala Lumpur, Malaysia.[2] The company is involved in the aviation, logistics, fintech and food & beverage industries.[3][4]

Capital A
FormerlyAirAsia Group Berhad
Quick facts Trade name, Formerly ...
Capital A Berhad
Capital A
FormerlyAirAsia Group Berhad
Company typePublic limited company
MYX: 5099
ISINMYL5099OO006
Industry
  • Aviation Services
  • Digital
  • Finance
Key people
Subsidiaries
  • AirAsia Brand Co
  • Asia Digital Engineering Sdn Bhd
  • Capital Aviation Services Sdn Bhd
  • MOVE Digital Sdn Bhd
  • Redbeat Capital Sdn Bhd
  • Teleport Everywhere Pte Ltd
Websitecapitala.com
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History

On 28 January 2022, AirAsia Group Berhad announced that they would change their legal name to Capital A Berhad citing its diversified nature.[5][6]

Merger of AirAsia with AirAsia X

On 26 April 2024, Capital A entered into a conditional sale and purchase agreement with AirAsia X Berhad to sell 100% of AirAsia Berhad (AAB) and AirAsia Aviation Group Ltd. (AAAGL), which owns AirAsia Cambodia, Indonesia, Philippines and Thailand, for RM 6.8b as part of its restructuring strategy.[7][8] On 14 and 16 October 2024, Capital A and AirAsia X shareholders respectively approved the acquisition of Capital A's AAB and AAAGL to AirAsia X Berhad via a extraordinary general meeting.[9][10] By 29 October 2025, all condition for its aviation restructuring was met or waived, paving the way for the acquisition to proceed.[11] On 18 January 2026, the acquisition of AAB and AAAGL by AirAsia X was completed via the allotment and issuance of new ordinary shares to Capital A.[12][13][14]

Services

Capital A is primarily engaged in aviation-related industries such as flight catering, aircraft maintenance and logistics through Santan, Asia Digital Engineering and Teleport.[15][16] The company also engages in the online travel agency and finance sector through AirAsia MOVE and BigPay.[17][18]

Santan

The inflight catering arm of Capital A, Santan, was launched on 18 August 2015.[16][19] It replaced AirAsia Café as the inflight caterer for AirAsia and AirAsia X flights.[16]

Asia Digital Engineering

Asia Digital Engineering (ADE) was established on 9 September 2020 as the aviation engineering arm of the firm.[20][21] ADE is engaged in the maintenance, repair and overhaul of aircraft with facilities in Kuala Lumpur International Airport and Senai International Airport.[22][23][24]

Teleport

In March 2018, RedCargo Logistics was incorporated as the exclusive provider of AirAsia and AirAsia X aircraft cargo capacity.[25][26] RedCargo Logistics later rebranded to Teleport in 2019.[27][28][29]

Miscellaneous

AirAsia MOVE

OTA

BigPay

Fintech

References

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