Malaysian tycoon Tony Fernandes’s Capital A group is planning New York listings for both its low-cost AirAsia airline and...

AirAsia Aviation Group has signed an MoU to lease a minimum of 100 VX4 electric vertical takeoff and landing aircraft from Avolon, a leasing firm based in Ireland

Chief executive Tony Fernandes told reporters that all companies under the group, including the airline, would be managed independently

Valuation will be based on an earlier transaction, under which AirAsia Berhad sold its 32.6% stake, the report said

Tata group, which is in the process of taking over Air India, is looking to reduce operational costs

Analysts say the conditions are right for airlines to fail with carbon targets, falling business travel and shareholder activism all bringing pressure to bear

Kuala Lumpur’s move to open up its banking sector has seen licence bids submitted by some of the region’s biggest operators keen to tap into the south-east Asian nation’s tech-savvy population