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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.
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.
KUALA LUMPUR: The Malaysian aviation industry stands to lose RM4.4bil this year if the aviation authorities in China, Japan and South Korea bar Malaysian-based airlines from introducing new routes following the downgrading of Malaysia’s aviation safety rating in November last year.
PETALING JAYA: Low-cost carrier AirAsia Group Bhd’s independent committee has appointed an independent expert to assist in a review relating to allegations of corruption against its top executives, namely executive chairman Datuk Kamarudin Meranun and chief executive officer Tan Sri Anthony Francis Fernandes.
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.
PETALING JAYA: The aviation sector is among the worse hit in terms of business from the outbreak of the novel coronavirus (2019-nCoV) and this has forced airlines to seek ways to cushion the blows.
FROM WALTER SANDOSAM , Former member, MACC Oversight Panel , Kuala Lumpur
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.
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.