Asia can absorb more aircraft, says AirAsia chief Tony Fernandes

HONG KONG: Asia will be able to take in more aircraft as economic growth and a population of more than 3 billion people will sustain travel demand, said AirAsia Bhd group chief executive officer of AirAsia Tan Sri Tony Fernandes.

“There are 3 billion people in Asia, there are 300 million people in America. America has about three times more planes right now than Asia,” Fernandes said in a Bloomberg Television interview at the Credit Suisse Asian Investment conference in Hong Kong yesterday. “So it can take a lot of planes.”