Air Asia considers setting up International HQ in Thailand

Published on : Saturday, April 30, 2016

Air AsiaAir Asia is considering the move to set up its International Headquarters (IHQ) in Thailand, said Thai Deputy Prime Minister Somkid Jatusripitak. The low-cost airline is also mulling to build its own airport in the country.

 
Air Asia’s founder and Group Chief Executive Officer Tony Fernandes made a courtesy call on Thai Prime Minister Gen. Prayut Chan-o-cha at Government House yesterday (April 29) to discuss the matter.

 
“He (Fernandes) floated the idea of setting up an IHQ in Thailand as the true gateway of ASEAN tourism,” the local media quoted Somkid as saying today.

 
The deputy prime minister in charge of economic affairs, who was also at the meeting, said the suggestion by the low-cost airline to set up an IHQ in Thailand signalled a return of foreign-investor confidence in the country.

 

The budget carrier’s owner, he said, also envisaged the consolidation of its subsidiaries in the region and listing the consolidated company on the Stock Exchange of Thailand (SET) or seeking a dual listing in Malaysia and Thailand.

 

Somkid said Air Asia was also ready to work with other carriers in Thailand to connect ASEAN cities and bring passengers to the country.

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