AUCKLAND—AirAsia has decided not to pursue its plan to create a joint venture (JV) airline in Vietnam, at least in the short-term. The carrier revealed in a Malaysian stock market filing that it has “amicably agreed” with its Vietnamese partners to terminate the JV. AirAsia had formed a partnership with Gumin Company Ltd. and Hai Au Aviation Joint Stock Co., and had indicated a Vietnamese franchise could begin operations in 2019. Despite the termination, AirAsia said it ...

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