AirAsia chief considers consolidation

Dino D'Amore
By Dino D'Amore May 10, 2016 21:04

AirAsia chief considers consolidation

AirAsia Bhd chief executive officer Tan Sri Tony Fernandes has commented to local media that despite his long-term plan to consolidate the carrier’s regional airline units into a single entity, there is still no timeframe for that to take place. “We have to talk to many different authorities to do so” but he added that he was still pushing the fledgling proposal for an Asean airline.

Fernandes said: “It is our goal to create one holding company eventually. The Asean open skies, which had been reported previously, are finally a reality, as Laos was the last to sign. This is an exciting development for us.

“So the dream of having one Asean airline with one holding company owning Malaysia, Thailand, Indonesia and the Philippines is now possible and we must treat Asean as one place,” Fernandes added.

Dino D'Amore
By Dino D'Amore May 10, 2016 21:04