AirAsia Bhd (AAB) plans to consolidate its various regional affiliates under one holding company, in contrast to a scattered structure now, as the airline takes off on a rapid expansion path in its core Southeast Asian markets.
The Malaysia-based carrier, currently the listed investment holding company and the operating firm for AirAsia‘s Malaysian airline business, proposed a share exchange and transfer of listing with newly created AirAsia Group Bhd, or Newco.
