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

Capital A completes disposal of AirAsia aviation units
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
Vestland secures RM602mil construction contracts
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor

Others Also Read