AirAsia co-founder Tony Fernandes launches new airline despite rising oil prices

economictimes.indiatimes.com

AirAsia co-founder Tony Fernandes is launching a new airline despite rising oil prices. The new carrier is expected to be announced within two months, with aircraft being reallocated for the venture. Fernandes sees opportunities amidst current market challenges. This expansion follows a significant order for smaller planes to enhance Asian connectivity and a bond sale to fund growth.


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AirAsia co-founder Tony Fernandes launches new airline despite rising oil prices | News Minimalist