Malaysia's Capital A could list aviation arm when conditions are right: Tony Fernandes
All companies under the group to be managed independently; AirAsia will expand its Indonesia fleet from 7 planes to 30
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Kuala Lumpur
CAPITAL A, the company that owns Malaysian budget carrier AirAsia, has established an independent board of directors for its aviation business, with telecoms veteran Jamaludin Ibrahim named as non-executive chairman of AirAsia Aviation Group Limited.
All companies under the group will be managed independently and this includes the airline, said Capital A group chief executive officer Tony Fernandes at a virtual press conference on Friday (Feb 11).
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