AirAsia X ready to form Thai venture

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air-asia-x-longMalaysian long-haul budget carrier AirAsia X said said in a filing to the Malaysian stock exchange on September 18 that it had agreed to set up a joint venture in Thailand with the head of sister company Thai AirAsia and an advisor to the Thai prime minister.

The joint venture, called Thai AirAsia X, marks the first overseas foray by AirAsia X, the long-haul arm of Asia’s largest low cost airline by passengers, AirAsia.

AirAsia X said it had reached agreement with Thai AirAsia chief Tassapon Bijleveld and Julpas Kruesopon, a businessman and advisor to Thai Prime Minister Yingluck Shinawatra, to set up the company.

Thai AirAsia X submitted an application for an air operator’s license on June 20, 2013, and expected approval to be granted by end of September. The company will then apply for an air operator’s certificate, AirAsia X said in the filing.

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Reading Time: 1 minute

Malaysian long-haul budget carrier AirAsia X said said in a filing to the Malaysian stock exchange on September 18 that it had agreed to set up a joint venture in Thailand with the head of sister company Thai AirAsia and an advisor to the Thai prime minister.

Reading Time: 1 minute

air-asia-x-longMalaysian long-haul budget carrier AirAsia X said said in a filing to the Malaysian stock exchange on September 18 that it had agreed to set up a joint venture in Thailand with the head of sister company Thai AirAsia and an advisor to the Thai prime minister.

The joint venture, called Thai AirAsia X, marks the first overseas foray by AirAsia X, the long-haul arm of Asia’s largest low cost airline by passengers, AirAsia.

AirAsia X said it had reached agreement with Thai AirAsia chief Tassapon Bijleveld and Julpas Kruesopon, a businessman and advisor to Thai Prime Minister Yingluck Shinawatra, to set up the company.

Thai AirAsia X submitted an application for an air operator’s license on June 20, 2013, and expected approval to be granted by end of September. The company will then apply for an air operator’s certificate, AirAsia X said in the filing.

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