News about Tony Fernandes

KUALA LUMPUR (April 7): Tan Sri Tony Fernandes and Datuk Kamarudin Meranun has sold UK-based Caterham Cars Ltd to Japan-headquartered automotive group VT Holdings as performance-car manufacturer Caterham looks ahead to write the next chapter of its corporate journey.

KUALA LUMPUR (Nov 19): Air Asia boss Tan Sri Tony Fernandes has put his “stunning” 125-acre Ayrshire estate in Scotland up for sale, UK tabloid The Sun reported yesterday.

KUALA LUMPUR (Nov 12): The tourism and aviation sectors have been badly hit by the Covid-19 pandemic, prompting low-cost carrier AirAsia to speed up its business diversification into food delivery business.

KUALA LUMPUR (March 20): BDO Governance Advisory Sdn Bhd, appointed by the board committee of AirAsia Group Bhd and AirAsia X Bhd (AAX) to assist in undertaking an independent review on  corruption allegations related to the Airbus scandal against their co-founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun, has given the duo the all clear.

KUALA LUMPUR (Feb 4): AirAsia Group Bhd co-founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun have denied all allegations of wrongdoing or misconduct in relation with the Airbus SE corruption charges, which implicated two executives from the low-cost carrier.

KUALA LUMPUR (Feb 3): AirAsia Group Bhd said today that its co-founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun have relinquished their executive roles in the company effective today, amid a corruption probe by authorities on the company’s executives.

KUALA LUMPUR (Sept 12): AirAsia Group Bhd co-founder and group chief executive officer Tan Sri Tony Fernandes says it is “absurd” that low-cost carriers (LCCs) dominate the Malaysian aviation market, but the country does not have dedicated low-cost carrier terminals (LCCTs).

  KUALA LUMPUR (Nov 13): AirAsia Group Bhd will not invest in the proposed airport real estate investment trust (Airport REIT) as the low-cost carrier does not want to lose focus on its airline business, said chief executive officer (CEO) Tan Sri Tony Fernandes.

KUALA LUMPUR (Sept 25): Tune Group Sdn Bhd and ECM Libra Financial Group Bhd, via their joint venture company Tune Plato Ventures Sdn Bhd, have acquired a 50% stake into home-sharing platform SubHome.

KUALA LUMPUR (Aug 1): AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said he is confident the government will allow for the set-up of three low-cost carrier terminals (LCCTs) in the country.