Capital A

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

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]

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

  1. ^ "Capital A | Corporate Leadership".
  2. ^ Kamaruddin, Faiqah (8 May 2025). "Capital A gets green light for RM6bil capital reduction | New Straits Times". NST Online. Retrieved 28 February 2026.
  3. ^ "Capital A turns to positive shareholders' equity, eyes PN17 upliftment". The Edge Malaysia. 25 February 2026. Retrieved 28 February 2026.
  4. ^ "Capital A records higher 4Q25 revenue". The Star. 25 February 2026. Retrieved 28 February 2026.
  5. ^ "AirAsia changes name to Capital A as it grows beyond an airline | Reuters".
  6. ^ "AirAsia to trade as Capital A from Feb 10". The Edge Malaysia. Retrieved 28 February 2026.
  7. ^ "Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil | The Star".
  8. ^ "'The Beginning of a New Era' Capital A and AirAsia Group sign a conditional sale and purchase agreement on the divestment of Capital A's airline business — AirAsia Newsroom".
  9. ^ "Shareholders approve buyout of AirAsia by long-haul associate". Reuters. 1 October 2024. Retrieved 1 March 2026.
  10. ^ "Capital A shareholders approve disposal of RM6.8b aviation assets to AirAsia X". The Edge Malaysia. 14 October 2024. Retrieved 28 February 2026.
  11. ^ "Capital A clears final hurdle to consolidate AirAsia airlines under AAX in PN17 exit plan". The Edge Malaysia. 29 October 2025. Retrieved 28 February 2026.
  12. ^ "AirAsia X completes acquisition of AirAsia Berhad and AirAsia Aviation Group Limited from Capital A". AirAsia Newsroom. 18 January 2026. Retrieved 28 February 2026.
  13. ^ "AirAsia X targets up to $600mln debt revamp after merger". Reuters. 22 January 2026. Retrieved 1 March 2026.
  14. ^ "AirAsia X completes deal". The Star. 19 January 2026. Retrieved 28 February 2026.
  15. ^ "Forex gains of RM2.27 bil lift Capital A earnings to record high in 3QFY2024". The Edge Malaysia. 28 November 2024. Retrieved 28 November 2024.
  16. ^ a b c "AirAsia launches Santan, its brand new 'restaurant in the sky'". Malay Mail. 18 August 2015. Retrieved 28 February 2026.
  17. ^ "BigPay in talks to expand its pool of potential strategic partners". The Edge Malaysia. 17 January 2023. Retrieved 28 February 2026.
  18. ^ ISAMUDIN, DIYANA (5 June 2025). "AirAsia Move unveils new travel strategy | New Straits Times". NST Online. Retrieved 28 February 2026.
  19. ^ "AirAsia to launch a restaurant serving its inflight meals". The Independent. 19 February 2019. Retrieved 28 February 2026.
  20. ^ Yusof, Ayisy (9 September 2020). "AirAsia establishes MRO entity | New Straits Times". NST Online. Retrieved 28 February 2026.
  21. ^ "AirAsia establishes Asia Digital Engineering to consolidate engineering personnel". Malay Mail. 9 September 2020. Retrieved 28 February 2026.
  22. ^ "Asia Digital Engineering doubling MRO hangar lines to 40 within 3-5 years". The Star. 10 September 2025. Retrieved 28 February 2026.
  23. ^ "Capital A's engineering arm opens MRO facility in Senai Airport". The Star. 18 January 2023. Retrieved 28 February 2026.
  24. ^ "Capital A's fully-booked MRO arm still eyeing best site for new 20-line hangar; construction of four other maintenance lines to start by year end". The Edge Malaysia. 10 September 2025. Retrieved 28 February 2026.
  25. ^ "RedCargo tie-up seen to incentivise GDEX to expand". The Edge Malaysia. Retrieved 28 February 2026.
  26. ^ minit, 11 Januari 2019 10:26amMasa membaca: 4 (11 January 2019). "Tasco, RedCargo Logistics jalin kerjasama". Sinar Harian (in Malay). Retrieved 28 February 2026.{{cite web}}: CS1 maint: numeric names: authors list (link)
  27. ^ Nation, The (25 July 2019). "New logistics JV aims to ride AirAsia's connectivity". nationthailand. Retrieved 28 February 2026.
  28. ^ Mulia, Khamila (16 July 2019). "AirAsia's logistic arm Teleport and Gobi Partners co-lead USD 10.6 million investment in Malaysian logistics startup EasyParcel". KrASIA. Retrieved 28 February 2026.
  29. ^ Salim, Zafirah (7 April 2021). "Teleport's Growth Manager On How He Built AirAsia's Logistics Arm From Scratch In S'pore". Vulcan Post. Retrieved 28 February 2026.
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