Capital A released it second quarter results, with quarterly revenue reaching RM809 million, up from RM422 million in 2Q25, despite geopolitical tensions impacting the aviation sector.
In line with this top-line expansion, EBITDA for the quarter under review grew to RM108 million from RM99 million in the preceding quarter ended 31 March 2026. Net operating profit for the current quarter dropped to RM25 million from RM1.4 billion recorded in the same period the year before.
For FY2026, Capital A’s financial performance is currently trailing against the initial published targets. YTD Revenue has reached RM1.57 billion, representing 41% of the RM3.8 billion annual target. EBITDA stands at RM207 million, accounting for 35% of the RM600 million target, while NOP stands at RM67 million, which is 25% of the RM266 million target.
As for outlook, the group said regional capacity cuts and seasonal lean travel demand make Q3 softer, but confident that its primed for a Q4 rebound. Airline capacity restoration, steady yields from absorbed fuel surcharges, and peak year-end eCommerce volume will drive this recovery it added.
The Group’s financial status remains solid with a Shareholder’s Fund of RM 577 million, well above the regulatory requirement of minimum RM40 million and 25% of share capital.
This capital buffer provides total assurance that the Group is not at risk of re-entering PN17 status.
