AirAsia Group CEO rejects merger claims

Tony Fernandes, the CEO of the AirAsia Group, has rejected all reports suggesting that AirAsia and AirAsiaX could be about to merge.

During a press conference to mark the Group’s AGM in Kuala Lumpur last week, Fernandes said the two carrier’s operating models were too diverse for such a proposal to be feasible.

“AirAsia’s position is very clear, the board has never discussed this and there is no merger (talks) at all,” he was quoted by The Straits Times newspaper.

“The whole purpose of setting up AirAsia X as a separate company is because we believe it should be separated, and 10 years on, we still believe that. Short- and long-haul operations are two very different businesses.”


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s