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AirAsia’s Philippines unit plans over US$200mil IPO

MANILA: The Philippines unit of AirAsia Group Bhd AIRA.KL hopes to push through with its initial public offering (IPO) this year to raise more than US$200mil to expand capacity, the regional carrier’s chief executive said.

AirAsia abandons Vietnam venture

KUALA LUMPUR (Bernama) AirAsia’s wholly-owned unit, AirAsia Investment Ltd, together with Gumin Company Ltd and Hai Au Aviation Joint Stock Company, have mutually agreed to terminate the agreement to set up a joint venture in Vietnam, effective today.

AirAsia Fernandes’ China dream come true

PETALING JAYA: Tan Sri Tony Fernandes has reasons to smile, as for the past 10 years he has been dreaming of setting up a low-cost airline in China, and now, he seems to have gotten his way. His enthusiasm, however, was not reflected in the share price of AirAsia Bhd, which saw a marginal rise yesterday.

AirAsia 'buy', Notion VTECH 'outperform', Yinson 'buy', GHL System 'neutral'

ACTIS, a private equity firm, has proposed to acquire a 44.4% stake in GHL Systems to become the single-largest shareholder.

AirAsia expands operations in South-East Asia

KUALA LUMPUR: AirAsia Bhd is expanding its operations in South-East Asia, with the proposed low-cost carrier (LCC) joint venture (JV) with Gumin Company Ltd and Hai Au Aviation Joint Stock Company.

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

AirAsia sets up low-cost carrier JV in Vietnam

KUALA LUMPUR: AirAsia Bhd is expanding its operations in Southeast Asia, with the proposed low-cost carrier (LCC) joint venture with Gumin Company Ltd and Hai Au Aviation Joint Stock Company.