Thai AirAsia insists that restructuring of the group in Malaysia will not affect operations in Thailand, while group chief executive Tony Fernandes will continue to guide the aviation business as he prepares to shift focus from airlines to other businesses.
Tassapon Bijleveld, executive chairman of Asia Aviation, the holding company of Thai AirAsia, said the restructuring of airlines under AirAsia would lead to a consolidated aviation group. This would not affect the operations of Thai AirAsia or Thai AirAsia X in Thailand as they would continue to operate individually with their own plans, he said.
The rejig being prepared for the Malaysian stock exchange is expected to see short-haul low-cost AirAsia under Capital A Berhad, formerly known as AirAsia Group, included in the same…
