Jan 17, 2017 at 19:09 | Source: CNBC-TV18
As more and more capacity is added, the company's profitability is hit, says Fernandes. He does not feel the company will turn profitable in 2017. However, he feels the company should start making profits by mid-2018.
Aug 17, 2016 at 08:15 | Source: CNBC
While several interested parties have approached the Malaysia-based airline, Fernandes said it's still early days in the hunt for the right partner.
Aug 04, 2016 at 13:47 | Source: Reuters
The Malaysia-based carrier, headed by tycoon Tony Fernandes, has hired three investment banks to run the sale of the Asia Aviation Capital stake, the people said. They declined to be identified as the discussions were confidential.r told Reuters.
Jul 17, 2016 at 16:28 | Source: PTI
AirAsia group chief Tony Fernandes has said it was hard to do business in India due toprotectionist policies and "vested interests", but his joint venture carrier AirAsia India was here for a long haul.
Jul 14, 2016 at 18:02 | Source: PTI
AirAsia chief Tony Fernandes has expressed willingness to buy stake from Tatas in AirAsia India provided it is on sale even as he emphasised that the airline joint venture is working well.
Jul 11, 2016 at 08:01 | Source: Reuters
The Malaysia-based group is simultaneously looking for more aircraft to meet strong demand in North Asia and elsewhere, the people said on the eve of Britain's Farnborough Airshow.
Jun 20, 2016 at 16:51 | Source: CNBC-TV18
AirAsia would like to increase its stake in its Indian unit, AirAsia India, given a chance, says the Malaysian carrier's founder and CEO Tony Fernandes.
Jun 16, 2016 at 17:35 | Source: CNBC-TV18
India is the only country which has a rule like this, said Air Asia CEO Tony Fernandes, referring to the aviation ministry changing the 5/20 rule yesterday.
Apr 15, 2016 at 18:52 | Source: PTI
AirAsia today asserted thateffective control of its joint venture AirAsia India is withIndian parties and said "vested interests" were trying toprevent the local no-frills airline from offering competitiveservice and fares.
Feb 26, 2016 at 20:20 | Source: PTI
Kuala Lumpur, Feb 26 (AFP) Malaysia-based AirAsia, theregion's biggest budget carrier by fleet size, today reporteda fourth-quarter net profit of 554 million ringgit (USD 132million) due to the performance of its Malaysian unit andlower fuel costs.