AirAsia's "unique franchise" of JVs drive profits and spread risk
AirAsia Group CEO Tony Fernandes described the group’s second quarter (three months ended 30-Jun-2011) as “one of the best quarters” in its history, in light of the myriad difficulties facing the industry. The results, which, for the first time were reported as separate businesses rather than as a group, demonstrate the robustness of the AirAsia model, with strong performances in key metrics across the board.
