AirAsia flies into various services in Chinese market-Eastday

From:ChinaDaily   |  2021-04-01 09:25
AirAsia has metamorphosed from a Malaysian budget carrier into an all-in-one online travel agency providing flight tickets, hotel bookings, admission tickets, food delivery services, e-commerce and financial services not only in Malaysia but also globally, including in China.
It plans to launch more related services in China in the near future.
AirAsia's transformation is accompanied by changes in its shareholding pattern.
Stanley Choi, chairman of Hong Kong-based Head & Shoulders Financial Group and the only Chinese shareholder of AirAsia, increased his stake in February to 8.96 percent, which made him a major shareholder.
Choi said: "AirAsia is doing well in its digital transformation, and very few carriers have done the same. Increasing investments in China is quite important for AirAsia. I would like to contribute my efforts as a shareholder and keep an open mind for potential cooperation between AirAsia and Chinese companies.

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