close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Tony Fernandes

AirAsia CEO quits Facebook over Christchurch videos

Fernandes had 670,000 followers on Facebook.

Mar 19, 2019, 12:17 PM IST

Air Asia CEO Tony Fernandes, others booked by CBI

The case relates to alleged violation of norms by directors of the aviation company for relaxation of 5/20 rules in the aviation sector.

May 29, 2018, 15:19 PM IST

AirAsia India reports 42% increase in passenger traffic

The number of passengers carried (by AirAsia India) increased 42 percent YoY to 0.59 million (5.89 lakh), while the capacity increased by 23 percent in July-September quarter of the current year, AirAsia said.

Oct 31, 2016, 17:01 PM IST

Protectionist policies and vested interests making it hard to do business in India: AirAsia CEO

AirAsia group chief Tony Fernandes has said it was hard to do business in India due to protectionist policies and "vested interests", but his joint venture carrier AirAsia India was here for a long haul.

Jul 17, 2016, 16:28 PM IST

AirAsia orders 100 Airbus A321neos worth $12.5 billion

Malaysia`s low-cost airline AirAsia on Tuesday placed a blockbuster order for 100 single-aisle fuel-efficient A321neo jets worth a vast $12.5 billion in the biggest deal so far at the Farnborough airshow.

Jul 12, 2016, 20:33 PM IST

AirAsia Group chief Tony Fernandes gets Overseas Citizen of India status

Malaysia's AirAsia Group chief Tony Fernandes has been given the status of Overseas Citizen of India (OIC) by the Indian government, amid concerns in certain quarters over control at budget carrier AirAsia India.

Jun 13, 2016, 18:05 PM IST

Malaysia's AirAsia suspends trading amid reports of going private

Malaysian budget airline AirAsia said on Thursday that it will suspend trading of its stock on the bourse pending an announcement, a day after denying reports that its founders were planning to take the company into private ownership

Mar 31, 2016, 18:33 PM IST

AirAsia chief raises questions over 5/20 norm

The war of words over 5/20 norm continued with AirAsia chief Tony Fernandes today taking a dig at promoters of Indian airlines asking whether all of them live in India, in an obvious reference to Jet Airways Chairman Naresh Goyal, an NRI living in the UK.

Feb 27, 2016, 19:49 PM IST

AirAsia's Malaysian unit returns to profit

Malaysia-based AirAsia reported a fourth-quarter net profit of 554 million ringgit (USD 132 million) with its Malaysian unit and lower fuel costs.

Feb 27, 2016, 13:18 PM IST

AirAsia India makes 134% growth in passenger traffic

Higher capacity deployment coupled with increased frequency on two routes helped budget carrier AirAsia India to make a robust 134 percent growth in passenger traffic as it flew over half-a-million customers in October-December period of 2015.

Feb 15, 2016, 18:11 PM IST

Mittu Chandilya not quitting AirAsia India: Tony Fernandes

AirAsia India CEO Mittu Chandilya is not quitting the airline, AirAsia Group chief Tony Fernandes said Sunday as he announced that the 2-year old Indian carrier would "shortly" add two aircraft as part of its fleet expansion plans.

Feb 14, 2016, 18:03 PM IST

Shareholding to remain unchanged at this stage: AirAsia India

AirAsia India is a joint venture between Malaysia's AirAsia Berhard, Tata Sons and Arun Bhatia's Telestra Tradeplace. The start-up carrier has been in the red since starting operations in June 2014.

Feb 03, 2016, 20:02 PM IST

AirAsia India net loss widens to Rs 65 crore in September quarter

No-frills airline AirAsia India saw its net loss widen to nearly Rs 65 crore in the three months ended September 2015 even as revenues rose during the same period.

Nov 29, 2015, 11:47 AM IST

AirAsia swings to Q3 loss, dragged by Indonesia, forex losses

Malaysia-based AirAsia, the region's biggest budget carrier by fleet size, said Thursday it suffered a loss in the third quarter, bogged down by foreign exchange losses and its Indonesian operations.

Nov 26, 2015, 21:33 PM IST

AirAsia CEO cried after last year's plane crash: Report

Speaking in an interview with a Singapore radio, 938LIVE, Fernandes said the aftermath of last year's crash was an emotional period, Channel News Asia reported today.

Jul 23, 2015, 13:07 PM IST

AirAsia CEO Fernandes casts other work aside amid accounting worries

Analysts covering the airline say Fernandes told them that he, and his long-term business partner Kamarudin Meranun, would become more hands on. 

Jun 25, 2015, 08:58 AM IST

Tata Sons, Telestra in discussions to hike stake in AirAsia

Tata Sons, which partly budgets carrier AirAsia India is looking at hiking its stake in the airline and is in discussions with Telestra Tradeplace in this regard.

Jun 17, 2015, 19:36 PM IST

Tony Fernandes brings fellow Malaysian into QPR boardroom

Relegated Queens Park Rangers have appointed Malaysian businessman Ruben Gnanalingam as co-chairman alongside owner Tony Fernandes.

Jun 15, 2015, 16:16 PM IST

AirAsia profit up in Q1 on lower fuel costs

Malaysia-based AirAsia, the region`s biggest low-cost carrier by fleet size, said its first-quarter net profit climbed seven percent year-on-year due mainly to lower fuel and operating costs.

May 29, 2015, 15:59 PM IST

Is AirAsia making the best use of its 171 aircraft?

AirAsia`s rapid network expansion and huge plane orders aimed at meeting what CEO Tony Fernandes once described as "amazing" demand are in the spotlight after the carrier fell into the red for the first time since 2008.

May 27, 2015, 17:07 PM IST