The Malaysia-based AirAsia Group has ruled out the possibility of investing in troubled Japanese domestic carrier Skymark Airlines. Speculation about AirAsia buying into Skymark had grown to such a degree that AirAsia felt compelled to issue a statement on Aug. 19 refuting it. “We dismiss the speculation as just another industry rumor and continue to focus our efforts on growing the businesses of all existing airline affiliates within our group,” AirAsia said. The rumors ...
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