AirAsia May Acquire PT AWAir International

Malaysia's discounter AirAsia is said to be acquiring private Indonesian carrier PT AWAir International for a token $2. It is expected to tie up with a local partner to launch an operation similar to Thai AirAsia, where Thai Shin Corp. holds a controlling 51% stake. AirAsia plans to raise at least...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.