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Fernandes reiterates plan to combine AirAsia's biz under one listed vehicle

Fernandes reiterates plan to combine AirAsia biz under one listed vehicle

KUALA LUMPUR (Dec 29): AirAsia Bhd group chief executive Tan Sri Tony Fernandes today reiterated the low-cost carrier's plan to combine all its airline businesses under one listed vehicle after completing the back-door listing of its Indonesian unit PT Indonesia AirAsia (IAA) on the Indonesia Stock Exchange in Jakarta today.

In a Twitter post this morning, Fernandes said subsequent to the public listing, IAA will raise additional capital and make it a billion dollar company.

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