AirAsia (AK) has confirmed it has pulled out of a possible Batavia Air (Y6) acquisition to focus management time on organic growth.
AirAsia (AK) has confirmed it has pulled out of a possible Batavia Air (Y6) acquisition to focus management time on organic growth (ATW Daily News, Oct. 12). Posting the announcement on his Twitter and Facebook pages, AK CEO Tony Fernandes said, “We will still collaborate with Batavia. A good win-win. We have [learned] a tremendous amount and feel very confident that we will be a market leader in Indonesia … We will now push ahead with AirAsia Indonesia IPO following the ...
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