News NEWS Expedia increases ownership in AirAsia-Expedia joint venture Last updated: January 20, 2016 22:36 admin4493 9 years ago 0 Min Read Expedia has entered into an agreement with AirAsia Berhad to purchase an additional 25% equity interest of AAE Travel, the joint venture formed between the two companies in 2011, for cash consideration of $86.3 million.