AirAsia eyes dual HK listing

AirAsia Berhad is studying a dual-listing in Hong Kong as part of its plans to become a pan-Asian low-cost airline player as it also moves toward setting up a joint venture in the Chinese mainland.

The Malaysia-based group is simultaneously looking for more aircraft to meet strong demand in North Asia and elsewhere, people familiar with the matter said on Sunday on the eve of Britain's Farnborough Airshow.

Asia's largest low-cost airline group, which already has affiliates across Southeast Asia, aims to form the venture with the backing of a Chinese State-owned enterprise to help capture traffic from fast-growing secondary and tertiary cities.