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What happens if AirAsia Group buys AAX?

Check out the Corp Proposal : The buyer — AirAsia Group or NewCo — will take over the listing status of AAX, and hence hold both the acquired AirAsia operations, and the long haul business currently under AAX.

Where is AirAsia X based?

AirAsia X Bhd. engages in the provision of long haul air transportation services. It operates through the following geographical segments: Malaysia, Thailand, and Indonesia. The company was founded by Kalimullah bin Masheerul Hassan, Kamarudin bin Meranun, and Anthony Francis Fernandes in 2006 and is headquartered in Kuala Lumpur, Malaysia.

Why should Air Asia/Capa be listed in NASDAQ?

3. CAPI listing in NASDAQ if really happen will be a major boost for Air Asia/CapA brand and generate interest for their aviation consultation biz. 4. With more than 400 new-type of aircraft bookings we can look forward to see a bigger aviation giant with more manageable and sustainable low cost carrier.

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