AirAsia-Virgin Eye Tianjin, Hangzhou
UPDATE 3: Asian budget airline in long-haul move - BBC
UPDATE 2: Long-haul budget airline unveiled - BBC
UPDATE 1: UK airlines deny Air Asia tie-up - BBC
Virgin Atlantic has re-entered talks with AirAsia about taking a stake in the Malaysia-based budget airline, The Times reported.
The Star of Malaysia, citing "a source familiar with the discussions", said that the new team will aim for Hangzhou, near Shanghai, and Tianjin, near Beijing. The fare is "as low as RM100 [or US$28] for destinations in China,” according to the source.
Virgin flies to Hong Kong, Shanghai, Sydney and Tokyo.
Sources:
Virgin may take stake in low-cost Malaysian airline - The Times
Top low-cost airline bosses to form global network - The Star (Malaysian English newspaper)
Links:
AirAsia
Virgin Atlantic Airways
Earlier:
Budget airline adds new route linking Macau, South-East Asia
