Tony Fernandes News

The content of the post was not what has caused the furore among the netizens, it is however the picture shared in the post that had the social media users wrath pouring on Tony Fernandes.

There are allegations that the senior officials of AirAsia entered into a criminal conspiracy with the UPA government to tweak rules for getting overseas flying rights.

Fernandes had 670,000 followers on Facebook.

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

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.

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.

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.

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.

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

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.

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

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.

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.

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.

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.

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.

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.

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

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.

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.