AAX gets nod to acquire Capital A aviation ops


AAX chief executive officer Benyamin Ismail.

PETALING JAYA: AirAsia X (AAX) Bhd is confident of improved efficiency in its operations to bolster its competitiveness in key markets, following its shareholders’ approval for the acquisition of Capital A Bhd’s aviation business.

At an EGM yesterday, the group obtained the green light from over 99% of its shareholders for the proposed purchase of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Ltd and AirAsia Bhd for RM6.8bil.

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