AirAsia-Sats' new JV a fitting marriage
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Nisha Ramchandani
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Singapore
WHEN the idea of a joint venture (JV) with ground-handler Sats was initially broached by his team, he almost fell off his chair, recounted AirAsia chief executive Tony Fernandes.
"I said, 'Are you mad?'" quipped the flamboyant chief of the low-cost airline group, which had previously shelved plans to set up a Singapore-based carrier after failing to get a licence.
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