The tie-up between AirAsia and Malaysia Airlines (MAS) is fast unraveling, starting with the sudden axing of the share swap deal. The unwinding of the share swap will see Tune Air, the investment vehicle of AirAsia’s Tony Fernandes and Kamaruddin Meranun, transfer its 20.5% stake in MAS back to Khazanah, MAS’s major shareholder. Khazanah, meanwhile, will transfer its 10% stake in AirAsia back to Tune Air. “This transaction will be conducted based on the prices at the time the share swap ...


You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "AirAsia-MAS Tie-Up Falls Apart".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.