PPRuNe Forums - View Single Post - SIA to set up wholly-owned low-cost carrier
Old 5th Jun 2011, 04:55
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flightleader
 
Join Date: Dec 2004
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Airasia X Singapore?

Just a thought:

Wholly owned by SQ, managed AirasiaX people (or whatever TF's team of people), what's the possiblility?

Malaysia has limited room for growth for long haul LCC as compare to Singapore. All this new LCC needs is to pinch a bit from every airline operate through Changi. The lowest end market will make it a viable business. Recently, TF sold a sizable share of Airasia and moving its HQ to Jarkarta. What is he telling? Perhaps, a protest to the government regarding its permission to let Firefly take on Airasia?

At this stage SQ is saying wholly own. Nothing can stop them from accepting AirasiaX investment. Then you'll have Airasia X Singapore.
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