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AirAsia unveils new listing plan under $1 4 billion merger

AirAsia unveils new listing plan under USD1 4B merger | Borneo Bulletin Online

KUALA LUMPUR (AFP) – Malaysian conglomerate Capital A said yesterday it had finalised a MYR6.8 billion (USD1.4 billion) deal to merge its airline affiliates under a new listed entity to be called AirAsia Group. Capital A, which is led by mogul Tony Fernandes and includes a logistics business and digital payment Bigpay, said in January […]

Malaysia conglomerate to sell budget carrier to AirAsia X

Malaysia conglomerate to sell budget carrier to AirAsia X
thejakartapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thejakartapost.com Daily Mail and Mail on Sunday newspapers.

Malaysia conglomerate to sell budget carrier to AirAsia X

Shukor Yusof, an analyst with Singapore-based Endau Analytics, told AFP the merger was "natural", but could be a sign of a downturn in the region s aviation sector. Fernandes, a flamboyant former music industry executive, launched AirAsia as a low-cost airline flying to secondary cities in Southeast Asia, shaking up the region s aviation sector and inspiring a slew of competitors.

Malaysia Conglomerate To Sell Budget Carrier To AirAsia X

Malaysia Conglomerate To Sell Budget Carrier To AirAsia X
barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.

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