Capital A progressing with listing plans in New York

Capital A is progressing with plans for the listing of AirAsia Aviation Group Ltd and airasia Super App in New York. CEO Tan Sri Tony Fernandes said the company, formerly known as AirAsia Group Bhd, would probably make the announcement next year. “We’re planning the listing of AirAsia Aviation, which is private now, and Super App, that’s progressing but we’ll make announcements in due course,” he said at an event in Danau Toba, Indonesia, Bernama reported. AirAsia Aviation comprises AirAsia Malaysia, AirAsia Philippines, AirAsia Thailand and AirAsia Indonesia. Capital A held the event at the Silangit International Airport, North Sumatra, Indonesia in conjunction with the inaugural Jakarta-Silangit flight operated by AirAsia Indonesia since Sept 1, 2022. Meanwhile, Fernandes said the company would replace its Airbus A320, the narrow-body aircraft fleet, with a more fuel-efficient A321 on the back of resumption of the aircraft delivery in 2024. He said 2023 is a year of getting back to its pre-Covid-19 level and regrowing in 2024 with A321, adding that aircraft deliveries up to 2029 have already been financed.<br/>