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Capital A wins award after website revamping and rebranding by IR Magazine

SEPANG, 8 December 2022 - Capital A Berhad (formerly known as AirAsia Group Berhad) (“Capital A” or the “Group”) has been awarded “Best IR Website” at the IR Magazine Forum & Awards South East Asia 2022 – being recognised for the Group’s rebranding efforts from an airline to an investment holding company.

Capital A announced the name change for its former AirAsia Group’s investment holding company earlier this year to reflect the Group’s new core business strategy as an investment holding company with a portfolio of synergistic travel and lifestyle businesses, which have rapidly transformed the AirAsia brand into much more than just an airline.

Accepting the award on behalf of the Group, Azita Nazrene, Chief Strategy Officer of Capital A, said: “We are honoured to receive this award, as it is a recognition for our time and efforts we have put in to ensure our brand transformation from AirAsia to Capital A was well represented and communicated to all of our stakeholders in the investment community. We believe investors, analysts and other visitors to the website will be able to learn of our past endeavours, the current journey and get a glimpse of what the future holds for Capital A. We would like to express our gratitude to IR Magazine for motivating us to push ourselves harder to position Capital A as an attractive investment destination. 

“In redesigning our website, we focused on telling the story of how we went from a well-established, much-loved low-cost airline that has democratised air travel in the region, to an investment holding company with a wide ranging portfolio of businesses including aviation, aviation services, logistics, travel, fintech and e-commerce lifestyle platform. We hope to shed light on the values that we have for people, who are at the centre of all we do. Once again, thank you IR Magazine for the vote of confidence.”

Tony Fernandes, CEO of Capital A added: “We are delighted to receive this award as it heralds the exciting new age for our airlines and all of our other portfolio businesses within the Capital A Group, as we enter a substantial new growth phase after over two years of downturn in flying.

“Our vision for Capital A is to be highly visible, transparent and communicative for our investors, conscientious consumers, current and prospective talent, media, and partners to engage with us and access the most recent company news, resources, and financial reports. Strategy-wise, we have started to see our plan due to the Group’s rebranding to bear fruit and lead us closer to pre-pandemic normalcy. We have achieved second consecutive quarterly EBITDA profitability since the pandemic last quarter – all are underpinned by each of our four biggest business segments, which is the Aviation, our engineering arm Asia Digital Engineering (ADE), logistics business Teleport and digital business airasia Super App. 

“I am proud of the work done by our Allstars in publishing the IR website which won the approval in a sector-wide distinction on best practices in investor relations. We would like to thank everyone who has been supporting us – the investors, our loyal customers, dedicated Allstars and our partners. The best has yet to come and we will use this opportunity to further pivot and transform ourselves in becoming the best travel and lifestyle platform provider in Asean and beyond.”

Learn more about Capital A and its portfolio businesses by visiting the website at https://www.capitala.com/ 

IR Magazine Awards are globally recognised as the most prestigious and accurate measure of outstanding performance within the IR space. The awards were presented to registered companies which have demonstrated outstanding performance in Investor Relations activities in South East Asia. The winners were evaluated and chosen by a panel of investment professionals and IR Magazine editor.

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About Capital A

Capital A (formerly known as AirAsia Group) is an investment holding company with a portfolio of synergistic travel and lifestyle businesses that leverage data and technology, including airasia Super App, fintech BigPay and Teleport as a logistic hub in ASEAN. Capital A’s vision is to create and deliver products and services that focus on offering the best value at the lowest cost, underpinned by robust data accumulated over 20 years in operation and one of Asia's leading brands that remains committed to serving the underserved.