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Rough landing for MAS-AirAsia alliance
By Yong Yen Nie Wed, Mar 21, 2012 1:27PM UTC 0 Comment
After seven months since the major shareholders of Malaysia’s national carrier Malaysia Airlines (MAS) and AirAsia announced that it would undertake a share swap, the deal is apparently going through a rough landing. Rumor has it that the deal is scrapped after unions representing MAS employees protested against the share swap agreement that would result...
Cartel concerns remain for AirAsia-MAS share swap deal
By Yong Yen Nie Sat, Aug 13, 2011 12:33PM UTC 0 Comment
In the past, like it or not, Malaysia’s national carrier, Malaysia Airlines (MAS), and Asia’s leading low-cost carrier, AirAsia, have often been regarded as rivals. But this may not be the case anymore, as the shareholders of the two flight operators have recently made a pact to do a share swap. The end-result will be...
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