AirAsia X (D7, Kuala Lumpur International) has negotiated another two months to complete its proposed acquisition of Capital A’s short-haul aviation businesses, including AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad, a January 24, 2025, Bursa Malaysia filing announced.

“During this period, AirAsia X will also finalise the definitive terms with identified investors for the proposed private placement, aimed at raising gross proceeds of MYR1 billion ringgits” (USD230 million), a separate AirAsia X statement reads….

Source: ch aviation
Read more: AirAsia X gets two more months to close AirAsia acquisition