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Byline: Vasantha Ganesan
KUALA LUMPUR: THE share swap entered into by national carrier Malaysia Airlines (MAS) and AirAsia Bhd may be off, but the short-lived marriage is still being investigated by the Malaysian Competition Commission (MyCC).
MAS and AirAsia had announced a share swap and an agreement to collaborate in August 2011. While the share swap was called off on May 2 2012, both airlines had then said that they would nevertheless pursue collaborative agreements.
Chief executive officer of MyCC Shila Dorai Raj told Business Times that the axing of the share swap does not mean that there were no infringements earlier in the year and, thus, MyCC is …