AirAsia X A330-200. Photo: Courtesy, Airbus The historic tie-up between AirAsia and Malaysia Airlines could be a precursor to unprecedented consolidation in the Asian airline market, according to the Sydney-based Centre for Asia Pacific Aviation. In a special report issued following the announcement of the share-swap transaction (ATW Daily News, Aug. 10), CAPA said the deal would have been unthinkable just a few years ago and posited that "a move of this nature typically ...

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