AirAsia to take initial 20% stake in FAX/AirAsia X
AirAsia said in a regulatory filing yesterday that it plans to take an initial 20% stake in FlyAsianExpress, the small Malaysian domestic airline 50% owned by AirAsia CEO Tony Fernandes that will launch long-haul, low-cost service in July under the brand name AirAsia X ( ATWOnline , Jan. 8) . FAX...
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