AirAsia fails again in Vietnam partnership bid

CEO Tony Fernandes says he will try again despite a third setback in 12 years

20190419 Tony Fernandes top

AirAsia Group CEO Tony Fernandes remains optimistic about cracking the Vietnamese market, but analysts say he may have to rethink his approach. (Photo by Tsuyoshi Tamehiro)

CK TAN, Nikkei staff writer

SHANGHAI -- Malaysian budget carrier AirAsia says it will keep trying to crack the Vietnamese market even as analysts warn it has "missed the boat" after its latest failed attempt to set up a joint venture in the country.

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