KUALA LUMPUR: AirAsia Bhd is not ruling out the possibility of another joint venture (JV) within the Asean region.
â€œNew JVs are not out of the question,â€ said group chief executive officer Tan Sri Tony Fernandes, when asked about expansion plans in Asean.
AirAsia has several JVs in Asean, namely Thai AirAsia, Philippines AirAsia, AirAsiaZest and Indonesia AirAsia.
However, Fernandes did not reveal which country he has earmarked for the next possible venture, but said the move would further strengthen AirAsiaâ€™s Asean network.
â€œWe are also focusing on our fly-thru product (in Asean), which connects our long haul guests to our short haul network,â€ he told Bernama.
Going forward, he believes that governments should continuously remove barriers that are protectionist, self-serving and unfair â€“ thereby limiting growth and acting against business incentives.
â€œIn respect of Aseanâ€™s aviation industry, such barriers add to operational costs and constrain the development of a truly regional market.
â€œThese include member states restricting airline ownership, not recognising each othersâ€™ aviation licences, approvals and certificates. This limits the free movement of aviation workers and maintains different standards for licensing, aircraft maintenance and flight operations,â€ he said.
Asked about experts cautioning against high expectations from the advent of the Asean Economic Community (AEC) by year-end, Fernandes said there is definitely a lot of interest in it.
â€œBut there has to be stronger political will to overcome the challenges of regional integration and to establish the AEC. This political will has to come from the governments of Asean, the private sector and citizens.â€ â€“ Bernama