AirAsia Group Berhad proposes name change

AirAsia Group Berhad is proposing changing its name to Capital A Berhad to better reflect its expanded operations. AirAsia stated that the name change aligns with “a new corporate identity that offers a better reflection of the Group’s core business and its future undertakings in tandem with its rapid transformation as it has gone beyond its beginnings as an airline into a digital travel and lifestyle services group which continues to gain strong momentum”. AirAsia Group notes that such a structural change would help facilitate strong projected growth in its portfolio businesses, with the name change setting the tone for the Group