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News / AirAsia eyes move into booming regional air cargo market with Raya buy

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Malaysia’s AirAsia is rumoured to be eyeing the acquisition of compatriot all-cargo airline Raya Airways.

According to The Edge Markets, the low-cost carrier wants to take advantage of South-east Asia’s booming air cargo market with fast-growing Raya.

Raya has denied the rumours, however, and its owners are ...

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