Diversified ops underpin Capital A growth


AirAsia Next continues to serve as a strategic cornerstone for brand licensing, technology and ecosystem management.

PETALING JAYA: Despite the conflict in the Middle East and the traditionally quiet Ramadan period, Capital A Bhd achieved solid year-on-year (y-o-y) growth across its key operating metrics, underscoring the resilience and scalability of its diversified operations.

In the first quarter of financial year 2026 (1Q26), it saw positive demand from the Chinese New Year and Hari Raya festive seasons, and its performance was balanced by conflict in the Middle East and the traditionally quiet Ramadan period.

“Following the completion of its Practice Note 17 regularisation plan, Capital A is fully focused on executing its strategic growth agenda,” it said in a statement yesterday.

AirAsia flight seats sold grew 4% y-o-y despite macro headwinds.

Fly Beyond seats sold fell 18% y-o-y following the strategic suspension of specific airline sales, quarterly traction rose 11% and its contribution to the flight segment increased 1% quarter-on-quarter (q-o-q).

Its monthly active users grew 20% q-o-q and 23% y-o-y to 17.1 million.

Total application installs and engagement rates across chats and community platforms both rose 14%.

“These results helped drive customer retention,” the group said.

Asia Digital Engineering (ADE) maintained stable base maintenance service in 1Q26, averaging eight aircraft monthly.

The team completed 25 checks, representing a 13% increase from the previous quarter. Total checks declined 4% y-o-y, primarily due to heavier C-checks that required longer turnaround times and slightly impacted throughput.

Beyond base maintenance, ADE continued to strengthen its line maintenance footprint, supporting all AirAsia aircraft across more than 20 airports.

It also expanded its third-party portfolio to six airlines, up from four a year ago.

ADE completed 230 flight transits during the quarter. Its ADE’s workshop segment remained a key growth driver, completing 7,331 orders, up 12% y-o-y.

Teleport moved 96,783 tonnes of cargo, which is 25% y-o-y and 61.7 million parcels (122% y-o-y).

This growth was achieved on the back of growing eCommerce demand across the Asia-Pacific region, allowing Teleport to capture increased volumes especially across the Malaysia and China corridors.

AirAsia Next continues to serve as a strategic cornerstone for brand licensing, technology and ecosystem management.

It owns the AirAsia, AirAsia Move and Santan brands and is currently finalising agreements to manage two other Capital A entity brands.

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