Air Canada parent ACE Aviation Holdings’ chairman and CEO, Robert Milton, has been identified as a minority shareholder in Malaysian long-haul, low-cost carrier AirAsia X.

AirAsia X says in a statement that Milton was a founding shareholder with a “minor interest” in Aero Ventures, which is the biggest single shareholder in the recently launched airline with 48%. It does not reveal Milton’s exact shareholding in Aero Ventures.

Aero Ventures was established by the head of short-haul carrier AirAsia, Tony Fernandes. In addition to Milton, his fellow shareholders are Malaysian nationals Kalimullah Hassan, Kamarudin Meranun and Lim Kian Onn.

The other shareholders in AirAsia X are publicly traded AirAsia, with 16%; the Virgin Group, also with 16%; Bahrain’s Manara, with 10%; and Japan’s Orix, also with 10%.

AirAsia X launched services late last ye

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