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Search Result for “Tony Fernandes”

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BUSINESS

AirAsia X revives London route

Reuters, Published on 11/02/2026

» The Malaysian budget carrier AirAsia X on Wednesday announced plans to resume flights from Kuala Lumpur to London via a new hub in Bahrain, using the extended range of narrow-body jets to stitch fresh routes alongside ​established carriers.

BUSINESS

New AirAsia Group set to steer 7 airlines

Business, Molpasorn Shoowong, Published on 06/11/2025

» All airlines under AirAsia will be consolidated under the new AirAsia Group by next month after the completion of Capital A's restructuring, with an aim to become the world's first low-cost carrier with an entire fleet of narrow-body aircraft.

BUSINESS

In an international win for China's C919, Brunei accepts Beijing's aviation rules

South China Morning Post, Published on 01/11/2025

» Brunei has officially adopted China's civil aviation certification standards, easing access for Chinese-built aircraft such as the narrowbody C919 jet into the wealthy Southeast Asian market while serving as a potential model for how the planes could expand their international reach.

BUSINESS

AirAsia said in talks with Vietravel as it expands regional push

Bloomberg, Published on 17/10/2025

» Tony Fernandes, the chief executive officer of Capital A Bhd, is in early stage talks to acquire a stake in Vietnam Travel & Marketing Transports JSC, according to people familiar with the matter, as the aviation group looks to expand its presence in the rapidly growing Southeast Asian nation.

BUSINESS

Asian shares slide, gold scales new peak as banking fears weigh

Published on 17/10/2025

» SYDNEY - Asian shares slid, Treasuries extended gains and gold hit a new high on Friday as signs of credit stress at US regional banks unnerved investors and had markets baying for more Federal Reserve policy easing.

BUSINESS

China eyes C919 jet breakthrough as AirAsia weighs orders

South China Morning Post, Published on 11/09/2025

» The Malaysian low-cost airline AirAsia has shown strong interest in acquiring the Chinese C919 passenger jet, its executive said, as part of its strategy to tap into Southeast Asia's 700 million-strong population and capitalise on growing China-Asean business ties.

BUSINESS

Oil prices fall to over one-week lows as Trump announces Israel-Iran ceasefire

Reuters, Published on 24/06/2025

» Oil prices tumbled on Tuesday to their lowest level in more than a week as US President Donald Trump said a ceasefire has been agreed between Iran and Israel, relieving worries of supply disruption in the area.

BUSINESS

Asian stocks slide as market selloff deepens on US growth worries

Reuters, Published on 11/03/2025

» SINGAPORE - Asian stocks took their cue from the Wall Street and fell sharply on Tuesday as worries mounted that a wide-ranging trade war could dent US economic growth and result in a recession, leading skittish investors to the safe-haven Japanese yen.

BUSINESS

Bitcoin jumps 20% after Trump hints at new strategic reserve

Reuters, Published on 03/03/2025

» SINGAPORE - Bitcoin surged more than 20% from last week's lows on Monday and several other cryptocurrencies also rallied sharply after US President Donald Trump raised the possibility of a new US strategic reserve that would include a range of tokens.

BUSINESS

Electric trucks cheaper than diesel vehicles on long-haul routes

South China Morning Post, Published on 04/02/2025

» HONG KONG — Battery-powered electric trucks driving long-distance routes from Shenzhen are more cost-effective than those powered by diesel fuel, according to an expert from a think tank.