AIR Asia Bhd shareholders will be happy to learn that the low-cost carrier has big plans.
They include having digital offerings, running its own airports and its imminent expansion to Europe and the US. It also just announced a joint-venture airline in China.
But perhaps the most significant plan is a possible merger this year with its sister airline, AirAsia X Bhd (AAX).
”By the time we are done, you will see a different animal. It won’t be just an airline,” its co-founder and chairman Datuk Kamarudin Meranun tells FocusM.
Its ambitious plans will see Air Asia moving beyond its low-cost carrier roots. Even so, the media-shy Kamarudin, 55, and his more high-profile partner and co-founder Tan Sri Tony Fernandes, 53, have catapulted Air Asia into the big league since it began 16 years ago.
http://www.focusmalaysia.my/Mainstream/big-plans-taking-off
Chart | Stock Name | Last | Change | Volume |
---|
Created by Tan KW | Nov 25, 2024
Created by Tan KW | Nov 25, 2024
John Lu
Any full article?
2017-05-20 10:49