Following a “long search and evaluation” of the Tigerair Mandala subsidiary of Singapore-based Tigerair, AirAsia said it has decided to pull back from any potential purchase of the Indonesian low-cost carrier (LCC). “We would like to confirm that we evaluated to purchase Mandala,” AirAsia CEO Tony Fernandes said late last week, but added his company was not interested in buying Mandala. Although executives at AirAsia were unwilling to comment on Fernandes’ ...

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