More than an airline

AirAsia sets its sights ever higher

Tony Fernandes, boss of Malaysia’s AirAsia budget group, isn’t one to miss out on popping up with his trademark red cap at big occasions around the world and when leaders of the 10-member Association of Southeast Asian Nations (Asean) held their annual talkfest in Sydney recently, there he was.

He was doing more than networking with the heads of governments that rule his heartland. On his mind was a further expansion of his empire. AirAsia now has businesses in Malaysia, India, Indonesia, the Philippines, Japan and Thailand, with plans to launch an airline in China. AirAsia Vietnam is also expected to take to the air before the end of this year and now, apparently, he has his sights set on adding Myanmar to the stable, a move that would see the carrier with coverage in 95 per cent of the burgeoning Southeast Asian market.

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