PETALING JAYA: While the listing of AirAsia X Sdn Bhd (AAX) is deemed necessary, some analysts are still studying the viability of its business model as the long-haul low-cost model has yet to chart an established flight path.
It is also on this note that they feel AAX’s listing will have minimal impact on AirAsia Bhd. Not everybody will sell their shares in a proven model such as AirAsia’s for AAX’s relatively new model.
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