AirAsia cofounder Fernandes plans to start new airline, Bloomberg News reports
Published on May 7, 2026.
Tony Fernandes, the CEO of AirAsia's parent company, is planning to start a new airline. The new airline could be announced within months. The company is also moving some planes for the venture. Additionally, AirAsia is preparing to sell as much as $600 million in bonds and is in talks with Malaysian banks for a refinancing loan.
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