Folding the AirAsia and AirAsia X brands into a single corporate entity may take several years to finalise, according to Tassapon Bijleveld, the executive chairman of Thai AirAsia (FD, Bangkok Don Mueang) and Thai AirAsia X (XJ, Bangkok Suvarnabhumi). He says the planned merger cannot close until Thai AirAsia X wraps up its rehabilitation process.

Last week, AirAsia X (AAX) told the Malaysian bourse that it had signed a non-binding letter of intent to acquire AirAsia (AAB) and AirAsia Aviation…

Source: ch aviation
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