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A-Sonic CEO scales up Air Caucasus stake to 49%

Tuesday, February 11, 2014 - 06:00

[SINGAPORE] Mainboard-listed logistics and aerospace player A-Sonic Aerospace's chief executive, Janet Tan, has bought a 49 per cent stake in Georgia-based airline Air Caucasus. An initial 25 per cent was invested last May through Ms Tan's personally-owned company EuroAsia Airlines Pte Ltd,