A New Chapter for AirAsia

A defining characteristic of the AirAsia empire has always been its corporate complexity. Now it stands to simplify by bringing AirAsia and AirAsia X together as one, while leaving aside most of the group’s laundry list of non-core business units. The new “AirAsia Group” will hold great promise as it emerges from bankruptcy-like restructurings, into an Asian airline market still ripe for rapid growth. But the group seems ever still burdened by its…