Air Asia to set up Vietnamese branch
13 February 2010Air Asia will begin operating from a fourth national base this year after agreeing to buy into and rebrand a Vietnamese airline, even as the local affiliate of rival Jetstar struggles with a barrage of difficulties with the government in Hanoi.
The move strengthens Air Asia’s lead in Southeast Asia over Jetstar and Tiger Airways as the three Asia-Pacific, no-frills groups race to set up multinational franchise chains. For the first time, two of them will have franchised affiliates in the same country.
source: aviationweek.com