Low-cost carrier AirAsia and loss-making Malaysia Airlines are close to a wide-ranging agreement, according to AirAsia founder and CEO Tony Fernandes. Speaking to reporters in Kuala Lumpur, Fernandes said, "we will have an announcement shortly as our relationship with Malaysia Airlines is improving rapidly, which gives us ways of potentially maximizing our revenue." The airline group continued its spectacular growth in July, with passengers up 24.8% to 395,667 on AirAsia and 16.1% to ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.