Jan 8, 2024 SOURCE: AFP
Malaysia conglomerate to sell budget carrier to AirAsia X
Malaysia conglomerate Capital A said Monday it plans to sell its budget airline AirAsia to its medium-haul affiliate AirAsia X in a bid to streamline operations.
Under the terms of the non-binding agreement, AirAsia Malaysia and AirAsia subsidiaries in Cambodia, Thailand, Indonesia and the Philippines would be merged with AirAsia...
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