Joint Venture

Expedia Increases Ownership in AirAsia-Expedia Joint Venture

On February 17, 2015 at 12:29 PM
Expedia Increases Ownership in AirAsia-Expedia Joint Venture

New Delhi, February 17,2015 – Expedia, Inc. (NASDAQ: EXPE) announced today that it has entered into an agreement with AirAsiaBerhad to purchase an additional 25% equity interest of AAE Travel Pte. Ltd., the joint venture formed between the two companies in 2011, for cash consideration of $86.3 million. This investment will increase Expedia’s total ownership in the joint venture to 75%. Read more

Expedia Airasia Jv set to redefine travel landscape for India

On October 07, 2011 at 09:01 AM
Expedia Airasia Jv set to redefine travel landscape for India

First partnership of this nature between an Online Travel Company and a low cost carrier globally -

- JV to provide consumers in India enhanced booking and travel experience with a suite of compelling deals and offers -

-  Aims to tap the buoyant growth in the Asia travel market –

  Read more

Joint Venture of AirAsia and Expedia to Power Online Travel Revolution in Asia

On March 29, 2011 at 01:30 PM
Joint Venture of AirAsia and Expedia to Power Online Travel Revolution in Asia

First partnership of its kind globally between a low-cost carrier and an online travel agency


(Singapore, 29 March 2011): AirAsia, the world’s best low cost airline and Expedia, Inc., the world's largest online travel company, today announced the launch of a new joint venture company covering Asia Pacific and offering a complete range of great value flights, hotels, and holiday packages. Read more