AirAsia parent Capital A faces scrutiny over recovery plan

REUTERS/Beawiharta

“I thought COVID-19 was just going to be a passing cloud, but I was wrong,” says Tony Fernandes.

The larger-than-life executive behind AirAsia, the Malaysian budget airline whose parent company now goes by the name Capital A, was in a reflective mood in a recent interview with Nikkei Asia. He confessed he’d assumed the coronavirus would pass as quickly as other health emergencies, like SARS or H1N1.

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