The news from local Japanese news outlets over the past 24 hours that AirAsia was interested in Skymark rang alarm bells. How would this fit into the AirAsia Japan strategy? AirAsia Japan is already going to benefit from Skymark cutting back on routes as we reported the other week. But look at the facts – “Un-named sources” are quoted as saying that AirAsia owners are interested in Skymark, right away the Skymark share price leaps benefitting some no doubt. Tony Fernandes has rubbished the story, but if there is any truth to it then it may be that AirAsia Japan

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