A coveted air operating licence is up for grabs in Macao, potentially offering overseas airlines an opportunity to establish a presence in the world's largest gambling market.
According to people close to the situation, interested parties include Malaysian budget carrier AirAsia, which has held preliminary talks about establishing a joint venture in the Chinese special administrative region.
The opening follows a dispute between Viva Macau, a start-up budget airline, and the Macao government. Macao's civil aviation authority revoked Viva's air operator certificate on March 28.
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