One Airasia initiative cuts costs, says Tony Fernandes

Tan Sri Tony Fernandes, in his latest Twitter post, said the airport regulator and operator should have supported the stakeholders -- both the airlines and passengers -- with fair treatment.

KUALA LUMPUR: AirAsia Group Bhd’s consolidation initiative, known as One AirAsia, that unifies its various regional affiliates under one holding company, provides the Group cost-efficiency whilst taking out the complexity and duplication in its operations.

In his latest post on Twitter, Group Chief Executive Officer Tan Sri Tony Fernandes said the current oil price that is shrinking and behaving so rationally is paving a smooth journey for the budget airline to fly higher.

Our One AirAsia initiative will take out lots of costs , complexity and duplication . High oil makes it easier to change.