AirAsia’s Vietnam venture fails to take off
The Malaysian budget airline's attempt to launch a low-cost carrier in Vietnam has fallen.
The Malaysian budget airline's attempt to launch a low-cost carrier in Vietnam has fallen.
Malaysia-based budget AirAsia has just signed a memorandum of cooperation with Hai Au Aviation, reaffirming its intention to set up a low-cost carrier in the market.
Teaming up with local airlines to set up a joint venture is expected to help Air Asia obtain a high aviation market share in the region.