AirAsia to consolidate regional units as SE Asia expansion plans take off

AirAsia Group CEO Tony Fernandes speaks during a group news conference in Tokyo July 1, 2014. REUTERS/Issei Kato

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.

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