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AirAsia to set up new low-cost airline with Vietjet Air

AirAsia to set up new low-cost airline with Vietjet Air

AirAsia yesterday said in a statement it had bought from Madam Nguyen Thi Phuong Thao a 30% equity stake in Vietjet Air for 180 billion dong that would allow it to set up a Vietnam-based joint venture low-cost airline to be known as Vietjet AirAsia. The...
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