AirAsia says no to Tiger Mandala buyout

Credit: By Rob Finlayson
Following a “long search and evaluation” of the Tigerair Mandala subsidiary of Singapore-based Tigerair, AirAsia said it has decided to pull back from any potential purchase of the Indonesian low-cost carrier (LCC). “We would like to confirm that we evaluated to purchase Mandala,” AirAsia CEO Tony...

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