AirAsia, Expedia Set Up Venture to Offer Asia Flights, Hotels
March 28, 2011, 11:57 PM EDTBy Kyunghee Park
March 29 (Bloomberg) -- AirAsia Bhd. and Expedia Inc. will set up a joint venture to offer flights, hotels and holiday packages in Asia, airline Chief Executive Officer Tony Fernandes said at a press briefing today. The venture will have exclusive online third-party distribution rights in the region for flights on AirAsia and AirAsia X Sdn., the group’s long-haul arm.
To contact the reporter on this story: Kyunghee Park in Hong Kong at kpark3@bloomberg.net
To contact the editor responsible for this story: Lars Klemming at lklemming@bloomberg.net
