Overview
- Capital A confirmed the airline sale agreements with AirAsia X are now unconditional, with capital reduction, share allotment and relisting steps slated for completion by mid-December followed by a PN17 uplift application.
- The restructured airline will be consolidated under the AirAsia Group banner across seven carriers, while Capital A retains non-aviation units including ADE, Teleport, AirAsia MOVE, Santan and AirAsia NEXT.
- A Letter of Intent with Bahrain sets a framework to develop a Middle East hub, explore a local AOC and launch routes from Malaysia, Thailand, the Philippines and Indonesia, targeting more than 25 daily flights via Bahrain by 2030.
- Capital A plans a major support footprint in Bahrain, with ADE to build MRO facilities and Teleport to base freighters, with projections of 20 million passengers over five years and an estimated BHD 3 billion economic impact.
- Fleet strategy shifts away from widebodies with the A330‑900neo order canceled and A330‑300s to retire within about six years, focusing on A321neo and A321XLR jets as the group targets full fleet reactivation by year-end and explores additional financing including a reported USD600 million bond.