Airlines
Air Asia Looks to China for Latest Expansion Endeavor
MoU with Chinese firms outlines establishment of AirAsia China

Low-fare giant Air Asia will become the first foreign operator to establish operations in China under the terms of a memorandum of understanding (MoU) it recently signed with China’s Everbright and Henan Working Group. The move comes a little after a month after Air Asia signed another joint venture with Vietnam’s Gumin Company and Hai Au Aviation to establish another low-fare carrier in the booming Southeast Asian nation.