AirAsia prepared to invest in airports to boost traffic.
No-frills airline group AirAsia appears eager to invest or become a joint-venture partner in airport development to serve its burgeoning traffic and drive overall air travel demand.
Group chief executive Tony Fernandes yesterday made the proposition as he urged airport authorities in Asean to change their mindset to support low-cost carriers (LCCs) by lowering airport-related charges.
A partnership or joint venture with airport authorities by Asia's largest LCC group could be an answer if capital requirement is an issue, he told the CAPA LCC Airports Congress in Bangkok.