Tony Fernandes
KUALA LUMPUR – Capital A CEO Tan Sri Tony Fernandes has expressed concern over the “powerless” state of the aviation industry as geopolitical tensions and volatile oil prices disrupt global operations.
Following recent strikes in West Asia, jet fuel prices have surged past US$100 per barrel, forcing many Asian carriers to review fares and introduce fuel surcharges. Over 27,000 flights have been cancelled in the region since late February, highlighting the severe operational impact on the sector.
Despite the “temporary storm,” Fernandes remains confident in AirAsia’s resilience, citing the airline’s fundamental strength developed through past crises like COVID-19 and SARS. He emphasized that AirAsia’s core mission—democratizing the skies—remains a vital bridge for cultural understanding during times of global division. – Source: Bernama
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
SP Setia secured pre-sales of RM555m, comprising RM500m (90%) from domestic development and RM55m (10%)…
Bank Negara is expected to maintain its current policy stance.
Global equities rebounded on easing U.S. Treasury yields and hopes of lower geopolitical tensions, although…
ICBS 2026 tarik 13,000 pengunjung, tonjol segmen teh pertama, bukti budaya kafe Malaysia semakin dinamik…
Southeast Asia’s payment shift prioritises seamless, secure experiences; businesses must reduce friction to win repeat…
Huawei ICT Competition APAC crowns winners in Jakarta, showcasing innovation and digital talent from 14…
This website uses cookies.