KUALA LUMPUR: AirAsia Group Bhd expects its non-airline business to contribute 60% to its revenue from about 20% currently in the next five years, said group chief executive officer Tan Sri Tony Fernandes.
The low-cost carrier is diversifying its business, venturing into the food and beverage industry with the recent opening of its restaurant, Santan, followed by its entrance in the music industry with the launch of its record label, RedRecords, on Friday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!