AirAsia Elects Not To Pursue Chinese Joint Venture

AirAsia has dropped its plans to open a joint-venture (JV) airline in China. The group also reported a higher net profit for the second quarter. The carrier revealed that its memorandum of understanding (MOU) with stakeholders in China had lapsed and will not be extended. AirAsia had planned to form...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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