AirAsia will launch a Philippines-based low-cost airline joint venture in the third quarter of 2011. AirAsia will invest a 40% stake in new airline company AirAsia Inc through its wholly-owned subsidiary AirAsia International. The remaining 60% will be invested by Antonio Cojuangco Jr, Michael ...
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JV FORMED TO LAUNCH AN IRAQI DOMESTIC AIRLINE
By
Dino D'Amore
14th January 2011