Malaysian budget carrier AirAsia and Britain's Virgin Group, which is controlled by billionaire Richard Branson, hold stakes of 16 percent each in AirAsia X. Japanese leasing firm Orix and Bahrain-based Manara Consortium hold stakes of 10 percent each, while the rest is held by Aero Ventures, a firm owned by AirAsia Chief Executive Tony Fernandes and his business associates. Mar 27, 2008
If that is still the case which i believe so, then Sir Richard could end up owning part of Jetstar which could not happen, and if it did, then Jetstar could become Virgin Blue's low cost carrier
Just kidding but interesting.
Basically i could not see this merger happening.
