AirAsia plans low-cost airline in Vietnam
1 September 2007AirAsia Bhd will today sign a letter of intent with Shipbuilding Industry Group with a view to establishing a joint venture low-cost airline in Vietnam.
AirAsia, in a filing with Bursa Malaysia, said the proposed partnership would focus on securing the licence to operate a new Vietnamese airline that would serve domestic, regional and international routes.
source: The Star Online
