It took less than a year for the AirAsia-MAS tie-up to unravel
What would happen if Ryanair's Michael O'Leary was put in charge of British Airways or if Southwest Airlines' Herb Kelleher was running United Airlines? It seems like a crazy idea, but a similar situation occurred (for a time) in Malaysia—between AirAsia's Tony Fernandes and Malaysia Airlines (MAS). However, the MAS-AirAsia share swap has suddenly been reversed. Tune Air, the investment vehicle of Fernandes and his business partner Kamaruddin Meranun, has handed back the 20.5% stake in ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "MAS-AirAsia Hook-Up Seemed Doomed".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.