Airline

AirAsia’s acquisition of Batavia Air could be cancelled

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AirAsia’s acquisition of Batavia Air could be cancelled

The Indonesian government may cancel the acquisition of Batavia Air by AirAsia if the deal is found to breach the foreign ownership limit. The country’s Transportation Ministry’s air transportation director general, Herry Bhakti Gumay, said that AirAsia and its partner in the acquisition, PT Fe...

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