Warwick ASEAN Conference

AirAsia plans to create ASEAN airline

GENERAL

AirAsia plans to create ASEAN airline

  • Airasia Group, Asia’a largest low-cost carrier, plans to create an Asean airline that will house AirAsia Bhd, Thai AirAsia, Indonesia AirAsia and Philipines AirAsia
  • Similar to European group airlines, such as the International Consolidated Airlines Group S.A. and Air France-KLM
  • Bankers have been appointed in respective ASEAN countries to work on the planned initial public offering
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