Leave rescue of ailing MAS to Khazanah, says AirAsia head Fernandes


Fernandes gestures at the launch of Premium Flex. With him are (from right) AirAsia X CEO Azran Osman-Rani, Group CFO Andrew Littledale and AirAsia CEO Aireen Omar (2nd from left).

KUALA LUMPUR: AirAsia Bhd’s head honcho Tan Sri Tony Fernandes has quashed rumours he is involved in talks to restructure Malaysia Airlines (MAS) and said he hopes Khazanah Nasional Bhd will be given the chance to rescue the ailing national carrier.

“It’s not for me to say (about MAS). Khazanah has a lot of smart people. They have a lot of experience. I’m sure that in due course they will announce a plan,” Fernandes told journalists after launching Premium Flex, a new service catering to business travellers.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Binastra wins RM1.18bil building, infrastructure contracts in Johor
FBM KLCI retreats on profit-taking despite stronger GDP data
Indonesia’s B50 delay opens short-term export window for Malaysian palm oil
Taiwan aims to be strategic AI partner in US tariff deal
Oil prices inch up as market evaluates supply risks
CPO to trade around RM4,000 a tonne in 2026, according to Kenanga
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
Rakuten Trade raises FBM KLCI year-end target, sees stronger earnings and fund flows
Genting Plantations unit fined RM96.6mil by Indonesian authorities
US clears FGV to export palm following WRO modification

Others Also Read