Fernandes: AirAsia to take three-year hiatus on JV launches
AirAsia founder Tony Fernandes has confirmed the carrier is not looking to launch any more overseas joint ventures (JVs) in the immediate future, aside from its planned affiliate in Vietnam.
- AirAsia founder Tony Fernandes has confirmed the carrier is not looking to launch any more overseas joint ventures (JVs) in the immediate future, aside from its planned affiliate in Vietnam .
- The carrier revealed last year that it was dropping plans for a JV in China.
- AirAsia recently reconfirmed its intention to introduce a Vietnamese franchise.
- It has proven difficult for startup airlines to gain certification in Vietnam, partly because of overcapacity concerns at the country’s hub airports.