AirAsia denies Tony Fernandes’ resignation


AirAsia group CEO Tan Sri Tony Fernandes says the initial share sale plans of the Indonesia and Philippines units are proceeding well.

KUALA LUMPUR: AirAsia Bhd has strongly denied news that AirAsia Group chief executive officer (CEO) and AirAsia X Co-Group CEO, Tan Sri Tony Fernandes will be resigning to enter the financial technology sector.

In a statement Monday, the budget carrier advised the public and media to disregard screenshots of a hoax CNN story, titled, “Tony Fernandes Leaves Air Asia, Jumps On Financial Tech” circulating on social media.

It said Fernandes remained committed to AirAsia and would continue to oversee its strategic direction and business operations.

Earlier, Fernandes tweeted that: “Had many scams on me. This is the best fake news. The reality is (a) long way to go before I leave AirAsia, and AirAsia is investing big in Fintech. Some very valuable assets coming”

Had many scams on me. This is the best fake news. The reality is Kong way to go before I leave AIRASIA and AirAsia is investing big in Fintech. Some very valuable assets coming pic.twitter.com/MD227HiK6v

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Sunway Construction unit secures work orders valued at RM386mil from US-based tech firm
Sunway Healthcare said to gauge interest for IPO in January
Ringgit hits near six-year high at 4.07 vs greenback
Bursa Malaysia's key index rises 1.15% on firmer regional markets
Sunview's indirect subsidiary inks 21-year PPA with TNB
Perdana Petroleum unit secures two contracts for provision of vessels
Protasco unit inks interim agreement for maintenance of Federal roads
SumiSaujana unit inks MOU to explore development of acid gas facility in Indonesia
MyNews' new store openings bolster 4Q profit
Malakoff subsidiary inks 21-year PPA with TNB

Others Also Read