SEPANG, Malaysia -- Capital A, the parent company of budget carrier AirAsia, announced on Monday a proposal to place its aviation units inside a single entity to increase the value of its other businesses and to also help it emerge from a stock market sanction.
Transportation
Malaysia's Capital A aims to consolidate aviation businesses
Fernandes seeks way to help company emerge from stock market sanction
Capital A Chief Executive Tony Fernandes held a press conference in Sepang, Malaysia, on Jan. 8. (Photo by Norman Goh)
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