KUALA LUMPUR 30 March 2026 (The Capital Post) – Capital A is planning to exit its PN17 status after recording four consecutive quarters of profitability, according to its chief executive officer, Tony Fernandes.
Fernandes said the group’s improved financial performance reflects ongoing restructuring efforts and a stronger operational outlook across its key business segments, including aviation and digital services. The company has been working towards stabilising its finances after being classified under PN17 due to previous financial challenges.
He noted that sustained profitability is a critical requirement for the company to regularise its status, adding that Capital A is optimistic about meeting the necessary criteria in the near term. The group has also focused on cost optimisation and revenue growth as part of its turnaround strategy.
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Capital A’s recovery has been supported by the rebound in travel demand, alongside improved performance from its non-aviation businesses. Fernandes highlighted that the company remains committed to strengthening its balance sheet and delivering long-term value to shareholders.
The planned exit from PN17 status is expected to enhance investor confidence and position Capital A for further growth as it continues to rebuild its financial standing following the challenges faced in previous years.-The Capital Post
