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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 '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.