AirAsia, Malaysian Air Parents to Swap Shares, Collaborate

Tony Fernandes, chief executive officer of AirAsia Bhd., pauses during a news conference in Kuala Lumpur, Malaysia, on Tuesday, Aug. 9, 2011. AirAsia Bhd.'s biggest shareholder agreed to swap a 10 percent stake in Asia's largest low-cost carrier for 20.5 percent of Malaysian Airline System Bhd., forging ties between the nation's two biggest carriers. Photographer: Goh Seng Chong/Bloomberg via Getty Images
Tony Fernandes, chief executive officer of AirAsia Bhd., pauses during a news conference in Kuala Lumpur, Malaysia, on Tuesday, Aug. 9, 2011. AirAsia Bhd.'s biggest shareholder agreed to swap a 10 percent stake in Asia's largest low-cost carrier for 20.5 percent of Malaysian Airline System Bhd., forging ties between the nation's two biggest carriers. Photographer: Goh Seng Chong/Bloomberg via Getty Images
AirAsia, Malaysian Air Parents to Swap Shares, Collaborate
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Credit:
Bloomberg / Contributor
Editorial #:
120721761
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Bloomberg
Date created:
August 09, 2011
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Rights-managed
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Source:
Bloomberg
Object name:
AIRASIA SHARE SWAP