AirAsia drops all plans to acquire Batavia Air

AirAsia ( (Malaysia) (Kuala Lumpur) has dropped all plans to acquire Batavia Air (Jakarta) because it creates too many risks for the fast-growing low-fare airline according to this report by Reuters. AirAsia had announced its intention to acquire Batavia Air for $80 million in July.

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Copyright Photo: Christian Volpati. Batavia Air is now gradually adding Airbus A320s (compatible with AirAsia) to replace its aging fleet of Boeing 737-300/400/500s by 2014. The pictured A320-233 PK-YUE (msn 461) arrives at Singapore.

AirAsia (Malaysia): 

Batavia Air: