AirAsia Group 'taking a major step to being recognised as one airline' with consolidated results

AirAsia Group CEO Tony Fernandes said (25-May-2017) "With the start of consolidated accounts combining our Malaysia, Indonesia and Philippine units, we are taking a major step to being recognised as one airline... sharing a single cost structure, brings immense benefits in terms of economies of scale and building a dominant position in the markets we operate in". The group hopes to include Thai AirAsia in consolidated results from 2Q2017. [more - original PR]