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No plans for merger with Jetstar: AirAsia X CEO
AirAsia has stated that it isn't planning any merger with the budget carrier of Australia's Qantas Airways Ltd.
Published: 24 Dec 2008
AirAsia has stated that it isn't planning any merger with the budget carrier of Australia's Qantas Airways Ltd.
Azran Osman-Rani, CEO, AirAsia X "scotched the report and said that the airline was not in talks with the Australian carrier", reported smh.com.au.
"I think it's completely pie in the sky," Osman-Rani reportedly said. "It's the first time I have heard about it. We are just busy on our own plans … growing [the business]."
A recent report in Malaysia's The Star newspaper, citing an unnamed source, said Jetstar and AirAsia were in merger talks, possibly involving a share swap, to cope with the slowing worldwide demand for air travel. The report had indicated that the talks are still in preliminary stages and it is learnt that AirAsia's boss Datuk Seri Tony Fernandes and Qantas new chief executive officer Alan Joyce have been mulling over it.
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