Thursday, December 3, 2009

AirAsia considering stake sale to UAE investors;

25 November 2009

AirAsia Deputy CEO, Kamarudin Meranun, stated the group is reportedly considering selling stakes in AirAsia to UAE investors, including the Abu Dhabi Government. AirAsia X is also reportedly considering listing itself on the Abu Dhabi Securities Exchange or the Dubai Financial Market, after launching services to Abu Dhabi. The carrier’s shares remained unchanged yesterday.

Selected LCCs daily share price movements (% change): 24-Nov-09

Source: Centre for Asia Pacific Aviation & Yahoo! Finance

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