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Bangkok Post

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AirAsia eyes 1bn flyers by 2026

AirAsia Asia Tony Fernandes Capital A

Mr Fernandes, second from right, and company executives announce the name change from AirAsia Group to Capital A in Kuala Lumpur yesterday.

AirAsia Group aims to connect more than 1 billion passengers in Southeast Asia by 2026 via its aviation unit, which is expected to include a new joint venture airline after restructuring the firm into an investment holding company called Capital A.

Capital A chief executive Tony Fernandes said because AirAsia's load factor and flights in the fourth quarter posted record highs, its furlough policy is expected to be terminated by next week.

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