AirAsia to announce new service on Friday

Budget carrier AirAsia said yesterday it would make a major announcement on a new service on Friday after a report that it was considering an alliance with Britain's easyJet and the Virgin group.
"It's a huge announcement. The Transport Minister will be attending the event in Kuala Lumpur at 10am on Friday," a company spokeswoman said by telephone. "It's about a new service." She declined to give further details.
AirAsia's chief executive Datuk Tony Fernandes declined on Monday to comment on a Malaysian newspaper report on the alliance.
The report, quoting unidentified sources, said the three airlines were in talks to form a global no-frills alliance that would offer cheap flights within Asia as well as between Europe to Australia via Kuala Lumpur.
The Times newspaper in London reported yesterday that Virgin had re-entered talks with AirAsia about taking a stake in the group.
Virgin Blue, Virgin Group's Asian unit, had discussed investment possibilities with AirAsia in 2003 but this did not materialise at that time.
03/01/07 Business Times - Malaysia

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