On April 25, the Malaysian air operator Capital A, the parent company of AirAsia, announced agreements worth RM6.8 billion (1.9 billion Singaporean dollars) on 25 April. The company plans to create a new listed entity and streamline its operations by merging various airline subsidiaries

La compagnie aérienne long-courrier AirAsia X will resume from the agreements announced& eacute; s, the aviation activities of Capital A and will eventually create a new company, thus taking over the listing status of AirAsia X. The agreement will allow Capital A to get rid of the significant responsibilities associated with the air units it sells. According to Airasia X, “the new aviation group will operate and provide a comprehensive range of low-cost short, medium and long haul air transport services, with domestic and international flights from Malaysia, Thailand, the Philippines, the Philippines, the Philippines, Indonesia and the Cambodia to numerous destination countries.”