Aetherium Acquisition Corporation (GMFI) News

AirAsia Owner Capital A International Combining with Aetherium Acquisition in $1.15B Deal

February 28, 2024
https://news.spacconference.com/2024/02/28/airasia-owner-capital-a-international-combining-with-aetherium-acquisition-in-1-15b-deal/

CNBC reports merg company intends to sell air fleet of planes, raise 400 million through SPAC deal. Remains in ticker an app based travel rewards program.

https://www.capitala.com/home.html



I am not sure what is to be merged in.

About Us

About Capital A

About AirAsia

https://newsroom.airasia.com/about-us

Current fleet

As of January 2024, AirAsia Malaysia operates the following aircraft:[57]

AirAsia fleet Aircraft In service 101 Orders 367

In service
Airbus A320-200 67
Airbus A320neo 29 — –
Airbus A321LR — 36 – – – Delivery will commence in 2025.[58]
Airbus A321neo 2 326[59] – 236 Delivery will resume in 2024.[60]
Teleport fleet
Airbus A321-200/P2F 3 –[61] Cargo 9M-TLA,9M-TLB and 9M-TLP

Total 101 367

At the Farnborough International Air Show in 2016, Air Asia ordered 100 A321neos at an estimated cost of US$12.6 Billion dollars at list prices

https://en.wikipedia.org/wiki/AirAsia

Capital A Berhad, operating as AirAsia is a Malaysian multinational low-cost airline headquartered near Kuala Lumpur, Malaysia. It is the largest airline in Malaysia by fleet size and destinations. AirAsia operates scheduled domestic and international flights to more than 166 destinations spanning 25 countries. Wikipedia

https://www.capitala.com/

Stock price: AIABF (OTCMKTS) $0.15 +0.05 (+50.00%)
Feb 27, 4:00?PM EST - Disclaimer
CEO: Tony Fernandes (Mar 30, 2018–)
Parent organization: Tune Group
Headquarters: Sepang, Malaysia
Subsidiaries: Thai AirAsia, Philippines AirAsia, Indonesia AirAsia, MORE
Founder: DRB-HICOM
Founded: December 20, 1993, Federal Territory of Kuala Lumpur, Malaysia
Commenced operations: 18 November 1996; 27 years ago

https://en.wikipedia.org/wiki/AirAsia


Headquarters Kuala Lumpur International Airport
Sepang, Selangor, Malaysia
Key people

Tony Fernandes (Group CEO of Capital A Berhad)
Kamarudin Meranun (Chairman)

Revenue Increase RM 6.44 billion (2022)
Operating income Increase RM -1.39 billion (2022)
Net income Increase RM -3.30 billion (2022)
Total assets Decrease RM 19.93 billion (2022)
Total equity Decrease RM -9.52 billion (2022)
Employees 23,000 (2023)

AirAsia Celebrates 20 Years With Airbus And Plans World's First Low-Cost Network Carrier
By
Michael Doran
Published 3 days ago

https://simpleflying.com/airasia-20-years-airbus-low-cost-network/

Capital A Merges Brand Unit with Nasdaq SPAC in $1.15B Deal, Aiming Global Expansion

28 Feb 2024
https://bnnbreaking.com/finance-nav/capital-a-merges-brand-unit-with-nasdaq-spac-in-115b-deal-aiming-global-expansion