Sheila Bermudez-Romero’s F&S Holdings Inc. now majority shareholder of AirAsia Inc.

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F&S Holdings Inc. chair Sheila Bermudez Romero (3rd from left) with husband Rep. Mikee Romero (left) and Philippines AirAsia executives
Flying High: F&S Holdings Inc., chairwoman Sheila Bermudez-Romero (3rd from right) with husband Rep. Mikee Romero (3rd from left) and Air Asia Inc. (AAI) executives.

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.

F&S Holdings Inc. chairperson Sheila Bermudez Romero during a presscon held at the Makati Shangri-La Hotel recently.

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.