HE called it the biggest fight of his career. Saving AirAsia Group Bhd
is Tan Sri Tony Fernandes’ biggest challenge after he and his business partner Datuk Kamarudin Meranun bought a fledgling airline for one ringgit 18 years ago to turn it into one of the world’s most famous low-cost airlines.
With its fleet grounded until recently, Fernandes had to endure the anguish of wondering if the airline they painstakingly built will be able to survive the business chasm brought about by the Covid-19 pandemic.
Just as flights resumed, AirAsia’s auditors Ernst & Young dropped a bombshell after it raised concerns about the company’s financial statements for the financial year ended Dec 31,2019.
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