KUALA LUMPUR: AirAsia X Bhd
(AAX) has entered into a non-binding letter of acceptance with Capital A Bhd for the proposed acquisitions of its aviation businesses, namely AirAsia Bhd and AirAsia Aviation Group Limited.
In a statement, the carrier said the move positioned AAX to become the overarching regional aviation provider for all short and medium-haul routes under the AirAsia brand name.
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