I disagree, most of their losses can be attributed to the pandemic. Capital A has to pay for their leases despite having many of their aircrafts grounded, getting 200+ aircrafts that were dormant for a long time to be airworthy isn't cheap, they don't have a choice but to take up expensive debt such as private credit where interest rates can be above 10% because local institutions wouldn't lend them any money. Lastly, getting out of PN17 is a feat of itself

Curious to hear why you think Capital A requires new leadership though

As an investor, you should always keep yourself up to date. Q4 FY24 presentation has outlined their plans along with their profit guidance for FY25, there are several BFM89.9 podcast recently with the CEOs. If you are not willing to do the work, just invest in EPF or ETFs instead

Yes. Losses mainly due to pandemic. Since the global already recovered from the pandemic, expected more business coming in. Plus, capital a has been diverfied the risk to different segments. And the recent financial report indicates that the cash flow is improved. So you know what is coming next. Pn17 uplift as my friend who hint me last month. Hehe good luck