Malaysia’s AirAsia to launch ride-hailing services, says CEO

REUTERS/Chaiwat Subprasom

Pandemic-hit Malaysian carrier AirAsia Group, which reported a record quarterly loss of $590.72 million for the October-December period 2020, is planning to launch ride-hailing services in its home country, said its group CEO Tony Fernandes.

“I’ve got eight years of Grab doing it to learn from. I don’t have to waste all that money, with experimentation, building technology, training drivers, and training the market how to order… they have done all that for me. The ride-hailing model has been built. Everyone in Malaysia knows how to use it,” he told local media The Edge Weekly in an interview on Tuesday.

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