AirAsia drops plans for Chinese JV, posts $78 million 2Q net profit

Credit: Rob Finlayson
AirAsia has dropped plans to open a joint venture airline in China, as the group reported a higher net profit for the 2018 second quarter. The carrier revealed that its memorandum of understanding (MOU) with stakeholders in China had lapsed and will not be extended. AirAsia had planned to form a JV...

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