AirAsia is on the move again, this time to Vietnam.
Fresh from signing up none other than Richard Branson as an investor in his long-haul low-cost venture AirAsia X, Tony Fernandes is keeping up his frenetic pace of deal-making by signing a letter of intent with a Vietnamese transport group to set up an AirAsia style airline in the country.
And in typical TF style he has grabbed top level endorsement for his initiative, posing with none other than the country's premier Nguyen Tan Dung at the signing. Tony did however bow to protocol by taking off his AirAsia cap - we thought that it was surgically stitched to his head so often is he seen with it.
AirAsia has not officially said when the new airline will start, but reports say the company's red 737s will be flying in Vietnam by July.
This move will put the AirAsia brand in Malaysia, Indonesia, Thailand and Vietnam, as well as on the long-haul.
So where next Tony? China looks awlfully tempting.
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