{"id":627465,"date":"2024-01-10T10:54:58","date_gmt":"2024-01-10T05:24:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=627465"},"modified":"2024-01-10T12:10:44","modified_gmt":"2024-01-10T06:40:44","slug":"capital-a-to-merge-aviation-business-under-airasia-x","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/capital-a-to-merge-aviation-business-under-airasia-x\/","title":{"rendered":"Capital A to merge aviation business under AirAsia X"},"content":{"rendered":"<p>Malaysia\u2019s Capital A Bhd, which operates budget carrier AirAsia, will hive off its aviation business to its long-haul affiliate as the group seeks to streamline its operations and gain better access to financing. <\/p>\n<p>The company entered into a non-binding offer to sell its Malaysian airline unit and AirAsia Aviation Group Ltd \u2014 which consists of its subsidiaries in Thailand, Indonesia, Philippines and Cambodia \u2014 to AirAsia X Bhd. <\/p>\n<p>Shares of AirAsia X climbed as much as 7.3 per cent after the announcement, while Capital A rose more than 4 per cent before paring gains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia\u2019s Capital A Bhd, which operates budget carrier AirAsia, will hive off its aviation business to its long-haul affiliate as the group seeks to streamline its operations and gain better access to financing. The company entered into a non-binding offer to sell its Malaysian airline unit and AirAsia Aviation Group Ltd \u2014 which consists of its subsidiaries in Thailand, Indonesia, Philippines and Cambodia \u2014 to AirAsia X Bhd. Shares of AirAsia X climbed as much as 7.3 per cent after the announcement, while Capital A rose more than 4 per cent before paring gains.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-627465","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/627465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=627465"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/627465\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=627465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=627465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=627465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}