Capital A Berhad has published its full year 2023 financial results, with its aviation business recording RM13.5 bn ($2.84 bn) annual revenue; up 143% from the full year 2022. Despite only operating with 80% of 2019’s aircraft numbers, the group also managed to surpass FY19 revenue by 25%, something its parent company describes as ‘a testament to sustained demand for travel and related services, underscoring the resilience of the ecosystem’. In 2024, the group intends to recover 90% of 2019 capacity. After entering into a non-binding letter of offer with AirAsia X Berhad for the divestment of Capital A’s aviation

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In