The Virgin Group will buy a 20% stake in the company that will operate long-haul budget services under the AirAsia brand and will also support the business in other, unstated ways. Operating company Fly Asian Xpress says it will fly its first long-haul service, probably to the Australian holiday city Gold Coast, in six or seven weeks. The company says it has also secured landing rights at London Stansted Melbourne's secondary airport, Avalon. It plans to spread services across ...

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