Tuesday, December 23, 2008

AirAsia Merger With Qantas's Jetstar?

Published on Star Biz: AirAsia-Jetstar merger brewing

  • PETALING JAYA: Something may be in the air between Qantas Airways Ltd and AirAsia Bhd. If things work out, a merger between AirAsia and the Australian carrier’s units Jetstar and JetstarAsia may be in the offing.

    The talks are still in preliminary stages and it is learnt that AirAsia’s boss Datuk Seri Tony Fernandes and Qantas new chief executive officer Alan Joyce have been mulling over it. They last talked on the issue last week, a source said.

I stopped reading after that.

How's this for yet another irresponsible reporting?

Who is that 'a source'?

Am I wrong to question if the source is even real? Am I wrong to question if this is yet another ploy to use the media to support AirAsia share price?

Why I am so sceptical?

Well, can I be blamed after AirAsia's recent buyout fiasco?

See recent postings on the recent GO fiasco: Did Tune Air Said It Was Thinking Of Making a GO for Air Asia? , Air Asia Now Remains TIGHT-LIPPED On It's Privatisation Plan Details! , Huh? AirAsia Buyout Still An Option????? and Tune Air Says Unable To Secure Financing