
AirAsia brand value jumps 66pct to RM8bil, ranked among top 24 global airlines
KUALA LUMPUR: Capital A Bhd's AirAsia has been ranked the 24th most valuable airline brand globally and the seventh most valuable brand in Malaysia, according to the Brand Finance Malaysia 100 2025 report.
The group's brand value rose 66 per cent to US$1.93 billion (RM8.19 billion), driven by resurgent passenger demand, strategic route expansions to China and Central Asia and increased frequencies on high-demand routes.
"I'm very proud of the results. This recognition reaffirms the resilience and relevance of the AirAsia brand," chief executive officer Tan Sri Tony Fernandes said in a statement.
"To be ranked seventh among Malaysia's most valuable brands and 24th globally among airlines is a testament to the hard work of our Allstars and our relentless focus on making travel accessible, affordable and enjoyable for everyone."
Brand Finance said Malaysia's top 100 brands collectively grew 16 per cent in 2025, with the airline sector posting an 85 per cent jump in value.
AirAsia stood out for its agility in adapting to post-pandemic travel trends and recapturing market momentum.
The airline maintained an AAA- brand strength rating and remained among the top 10 strongest brands in Malaysia, supported by high customer advocacy and strong regional brand affinity.
Fernandes said AirAsia's broader ecosystem under Capital A, spanning logistics, fintech and digital ventures, remains a core part of its brand strategy and reinforces its role as a key player in Asean's connected economy.
"As we grow beyond aviation, our focus remains on delivering value, innovation and connectivity to all our stakeholders across the region," he added.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Barnama
an hour ago
- Barnama
Trump Says Discussed With Xi 'Some Of Intricacies' Of US-China Trade Deal
WASHINGTON, June 5 (Bernama-Sputnik/RIA Novosti) -- US President Donald Trump said he discussed with Chinese President Xi Jinping "some of the intricacies" of the US-China trade deal during a phone call on Thursday. "I just concluded a very good phone call with President Xi, of China, discussing some of the intricacies of our recently made, and agreed to, Trade Deal. The call lasted approximately one and a half hours," Trump wrote on Truth Social, according to Sputnik/ RIA Novosti. Chinese and US teams will meet "shortly" at a location that will be determined later, the US president said, adding that the US will be represented by US Trade Representative Jamieson Greer, Treasury Secretary Scott Bessent, and Secretary of Commerce Howard Lutnick.


The Star
2 hours ago
- The Star
PETRONAS not exiting Canada, says group CEO
President and group CEO Tan Sri Tengku Muhammad Taufik Tengku Kamadjaja Aziz KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada. "Canada is not on our exit radar. We're not exiting Canada. We are constantly entertaining overtures and proposals. "That is going to be the natural course of business and it (Canada) is a very resource-endowed geography,' president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz said at an editors' briefing here today. Tengku Muhammad Taufik said, in fact, liquefied natural gas (LNG) is coming on stream from Canada, with the first cargo in a couple of weeks. He said there will be a regular shipping out of LNG from Canada, which is at 25 per cent. "We have 53 trillion cubic feet (TCF) of reserves. It is strategically positioned between that coast of Canada and Japan, South Korea, Taiwan, and even China. "Some other LNG routes are compromised by geopolitical hostility… That is another advantage. That was the rationale to do this. We built that node. We wanted to make sure it's strategically positioned, having locational advantage. Petronas hopes to have more engagements and constructive dialogues for the national oil firm to activate additional LNG leverage in Canada. "We hope that the Canadian (new) government will be more appreciative and supportive of it becoming a new, cleaner energy source for the rest of the developing world,' he added. Tengku Muhammad Taufik stressed that it was crucial for Petronas to preserve its position in market share in the LNG space in Canada while also looking at how to build its upstream portfolio effectively. Responding on a question whether Petronas will look to liquidate some assets or diversify, Tengku Muhammad Taufik said Petronas would continue its asset rationalisation to keep its operations lean. He noted that the divestment exercise was done in Argentina as Petronas could not make its assets worked in the country and found an interested party to acquire them. In April this year, Buenos Aires-based Vista Energy has reportedly acquired Petronas' 50 per cent stake in the La Amarga Chica oil field in Argentina's Vaca Muerta shale basin for about US$1.5 billion (RM7.1 billion). The second-biggest crude oil producer in the area will pay US$900 million upfront for the stake, with one-third of that sum financed through a loan from Banco Santander SA, while the remainder will be paid in two instalments in 2029 and 2030. - Bernama


The Sun
2 hours ago
- The Sun
Petronas to cut 10% of its workforce
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices. President/group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz said the number of staff involved in the right-sizing process currently stands at around 5,000, and those affected will be notified by the end of this year. 'Petronas 2.0 will be run differently, organised differently, will have different work processes, and to move towards that, we have to correct the work process,' he said at a media briefing here today. He said the group aimed for a lean and nimble operation even if oil prices were to reach US$100 per barrel. (US$1 = RM4.23). 'There is a logic, an assumption set, and a projection that backs it up. Over time, we have seen this—those who have tracked our history will know that when the fields were easier, our profit before tax margin was around 35 to 40 per cent. 'Today, it is (between) 25 and 38 per cent. These margins are going to shrink further, and the fields are going to get smaller. So the value-added (Petronas) 2.0 has to transform into an organisation that monetises molecules commercially and competitively, not just at home, but also abroad,' he said. Petronas has based its budget on Brent crude trading between US$75 and US$80 per barrel. The benchmark is currently near US$65, down roughly 13 per cent this year, amid global trade tensions and rising OPEC+ output. The group reported a net profit of RM55.1 billion for the financial year ended Dec 31, 2024, down 31.7 per cent from RM80.7 billion a year earlier, due to lower average realised prices and favourable tax adjustments in 2023. On Petronas Petroleum Sarawak Bhd (Petros), Tengku Muhammad Taufik voiced concern over the uncertainty surrounding a deal between the two parties, adding that Petronas remains open to further negotiations on its role in the state. 'I'm concerned that if the deal is delayed—or unduly delayed—it will have an impact,' he added. On May 21, 2025, Prime Minister Datuk Seri Anwar Ibrahim and Sarawak Premier Tan Sri Abang Johari Tun Openg signed a Joint Declaration stating that Petronas will continue to carry out its functions, activities, responsibilities and obligations under the Petroleum Development Act 1974 (PDA 1974) and related regulations. According to the Prime Minister's Office, key principles have been agreed to support further negotiations between Petronas and Petros. The Joint Declaration acknowledges both federal and state laws, the status of existing agreements, and the need for a cooperative framework between the two parties. Under the declaration, the Sarawak state government has appointed Petros as the gas aggregator effective March 1, 2025. Petronas and Petros will also enter discussions to expand cooperation in meeting Sarawak's gas requirements across several areas. ALSO READ: Petronas not exiting Canada, says group CEO