Teleport Plans to Buy Seven More Freighters to Deliver Two Million Parcels Daily by 2025
Teleport, Capital A Bhd’s (KL:CAPITALA) majority owned logistics arm, is planning to boost its network with seven more air freighters, as it targets to increase the volume of parcels it delivers daily to two million by end-2025, from 130,000 parcels a day at end-2023.
AirAsia X Logs Best Day in Six Months on Capital A Restructuring
Shares of AirAsia X Bhd (AAX) rose to a six-month high as investors cheered a restructuring plan that would make the company the largest low-cost carrier in Southeast Asia.
Capital A's Proposed Aviation Business Sale Looks Positive -- Market Talk
Capital A's proposed sale of its aviation business to AirAsia X for MYR6.8 billion looks "overall positive," Hong Leong IB analyst Daniel Wong says in a note.
Capital A May Face Higher Jet Fuel Costs -- Market Talk
Capital A may face higher jet fuel costs amid rising geopolitical tensions in the Middle East, Maybank IB analyst Yin Shao Yang says in a note.
Capital A Denies Report of $400 Million Private Placement
Capital A (KLSE:CAPITALA) refuted a report by The Edge claiming the company is seeking a $400 million private placement, saying in a Malaysian bourse filing on Monday that it did not conduct any media
Capital A Berhad's (KLSE:CAPITALA) Top Owners Are Retail Investors With 38% Stake, While 32% Is Held by Private Companies
Capital A, AirAsia X extend negotiation period for airline biz merger again
The negotiation period for Capital A Bhd’s sale of AirAsia's aviation business to AirAsia X Bhd (AAX) has been extended for the second time to April 30, 2024, the two listed companies said.
Capital A Enters Two Partnerships on Online Travel, Fintech
Capital A (KLSE:CAPITALA) inked two separate letters of intent with Trip.com Travel Singapore and Advanced New Technologies (Singapore), according to two Friday Malaysian bourse filings. Under both LO
Capital A Berhad (KLSE:CAPITALA) Will Be Looking To Turn Around Its Returns
Capital A, AirAsia X Extend Negotiation Period for Aviation Business Deal
Capital A (KLSE:CAPITALA) agreed to extend the negotiation period for the proposed disposal of a 100% stake in Air Asia and Airasia Aviation to Air Asia X, according to a Wednesday Malaysian bourse fi
Capital A to List Brand Management Unit on Nasdaq in US$1.15b Deal
Capital A Bhd intends to list its 'brand management' unit, Capital A International (CAPI), on Nasdaq through a strategic business combination valued at US$1.15 billion with Aetherium Acquisition Corp, a special purpose acquisition company (SPAC) listed on Nasdaq under GMFI.
Capital Swings to Loss in Q4 Despite Revenue Growth
Capital A (KLSE:CAPITALA) incurred a loss attributable to owners of 159.6 million ringgit in the fourth quarter of 2023, reversing a profit of 110 million ringgit a year earlier. Loss per share was 0.
Is There Now An Opportunity In Capital A Berhad (KLSE:CAPITALA)?
Capital A's 4Q Results May Be Underwhelming -- Market Talk
Capital A's 4Q results may "underwhelm," as 4Q passengers carried and load factor were flattish, Maybank IB analyst Yin Shao Yang says in a note.
Capital A Extends Term for Aetherium Acquisition-Capital A International Merger
Capital A (KLSE:CAPITALA) extended the term to sign a definitive deal for a proposed business combination between Aetherium Acquisition and Capital A International, a special purpose corporation to be
AirAsia Names Deputy CEOs
Malaysian low-cost carrier AirAsia appointed Captain Chester Voo and Farouk Kamal as deputy group chief executive officers. Voo will spearhead operations while Farouk will oversee corporate functions,
Capital A's Aviation Business Disposal Looks Positive and Necessary -- Market Talk
Capital A's proposed disposal of its aviation business to AirAsia X looks positive and necessary to remove its financially distressed status, TA Securities analyst Tan Kam Meng says in a note.
Malaysia's Capital A to Merge Aviation Business Under AirAsia X
Malaysia’s Capital A Bhd., which operates budget carrier AirAsia, will hive off its aviation business to its long-haul affiliate as the group seeks to streamline its operations and gain better access to financing.
Capital A, AirAsia X Sign Aircraft Lease Deal
Capital A (KLSE:CAPITALA) said its unit Asia Aviation Capital signed a one-year aircraft lease deal with AirAsia X (KLSE:AAX) for 30.5 million ringgit. Under the deal, the airline operator will rent o
Capital Trims Loss in Q3
Capital A (KLSE:CAPITALA) incurred a loss attributable to owners of 178.8 million ringgit in the third quarter, lower than 901.3 million ringgit a year earlier. Loss per share shrank to 0.043 ringgit
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