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AirAsia to rename itself Capital A, showing sky is not the limit

Malaysian budget carrier has expanded into ride-hailing and fintech

The group's air carrier business is expected to retain the AirAsia brand after the corporate name change.   © Reuters

SINGAPORE -- Malaysia's AirAsia Group intends to change its name to Capital A, reflecting a business portfolio that stretches beyond its core airlines to cargo delivery and financial technology.

The name change has been approved by the Companies Commission of Malaysia, a news release on Monday said. The company needs to ratify the decision at a shareholders meeting, whose date will be announced later.

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