AirAsia X wants action against research firm's 'misleading statements'

AirAsia X wants action against research firm's 'misleading statements'
AAX said GMT had accused the long-haul budget carrier, among others, of practising or allowing profit shifting between AirAsia Bhd and AAX by way of transfer pricing of the service fees and costs charged by AirAsia. “AAX asserts that the reports and presentation by GMT Research and its representatives concerning AAX are untrue, misleading and inaccurate. AAX categorically refutes any such accusations, allegations or inference and takes great offence and exception to the same,” AAX said in a statement yesterday.
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