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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

AirAsia

   

Next In Business News

Middle East turmoil poses major economic risk
Codelco explores new partnerships
Bank Indonesia steps in to support weaker rupiah
US ties easing of Venezuela oil sanctions to fair elections
Cost of Lockheed F-35 jet deal lilkely to exceed US$1.5 trillion
Legalisation of casinos to be studied by various agencies
VN-Index plunges, loses US$10bil in market cap
MIDA, a vital instrument to remove obstacles for prospective investors - Tengku Zafrul
Ringgit easier against US dollar at closing
Alpha IVF remains committed to its growth strategy

Others Also Read