Directors gave nod to Fernandes

PETALING JAYA: The directors of the AirAsia Group gave their nod in 2010 to efforts by Tan Sri Tony Fernandes to build the AirAsia brand through sponsorships, said sources.

MACC conducts own probe into audio recordings

PUTRAJAYA: The anti-graft authorities have initiated their own investigation into the audio recordings believed to be linked to the 1Malaysia Development Bhd (1MDB) scandal.

MACC waiting for info from UK on AirAsia-Airbus bribery allegations

PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) is waiting for the British authorities to hand over documents and information on bribery allegations involving AirAsia and Airbus.

AirAsia counters rebound on PM’s comments

‘Normal to have offset in business’

PUTRAJAYA: It is normal to ask for an “offset” in business dealings provided the money is not taken for personal use, says the Prime Minister.

Sri Lanka arrests airline chief over Airbus kickback claims

COLOMBO (AFP): The former chief of Sri Lanka's national carrier was arrested Thursday (Feb 6) over allegations he received bribes for a multi-billion-dollar Airbus aircraft deal, as the fallout from corruption probes into the aviation giant grew.

AirAsia rebounds following PM's comments

KUALA LUMPUR: Shares of AirAsia Group Bhd rose to a high of RM1.25 in afternoon trade on Thursday as investors took heart from comments by the Prime Minister over the low-cost carrier's business deals.

PM on AirAsia-Airbus scandal: It’s normal to have ‘offsets’ in business

PUTRAJAYA: It is normal to ask for an “offset” in business dealings provided the money is not taken for personal use, says the Prime Minister.

AirAsia share price continues to fall

PETALING JAYA: Shares of AirAsia Group Bhd continued to suffer from recent setbacks, with nearly RM940mil being wiped off from its market capitalisation between Jan 31 to Feb 4

AirAsia execs: We were never approached, clear violation of legal principles

KUALA LUMPUR (Bernama): AirAsia’s top executives have claimed that the company was never reached out to even once by the UK Serious Fraud Office (SFO) during the four-year investigation regarding the Airbus scandal, for any explanation or clarification.