AirAsia’s Owner Capital A Opens Up With New Transparency Move

What’s going on here?

AirAsia’s parent company, Capital A Berhad, is aiming to enhance transparency by sharing its internal business targets along with quarterly results, as part of its strategy to overcome financial distress.

What does this mean?

Capital A Berhad, the company behind AirAsia, is striving for transparency as it tackles its ‘PN17’ status, indicating financial distress from the pandemic’s toll. Starting Wednesday, the company will release internal targets with its quarterly…