The Romero group led by Sheila Bermudez-Romero has taken majority ownership in the company that owns and Philippines AirAsia as part of plans to take the budget carrier into new heights in the coming years.
Romero-owned F&S Holdings Inc. acquired 28.7 percent shares of AirAsia Inc. (AAI) raising its total stake of 44.4 percent from the previous 15.7 percent.