Tony Fernandes

Previously, Fernandes was a non-independent non-executive director at the company. Fernandes stepped into the role after his predecessor Nadda Buranasiri ...

Tunku Datuk Mahmood Fawzy will be appointed as the independent non-executive director of Thai AirAsia X (Thai AAX), both effective as of today,” AirAsia said in ...

“I went in with a clear mandate to restart AAX and bring it back to life from hibernation. The resurgence in AAX and Thai AAX as leading low-cost carriers in the mid-range category, would not have been possible without the outstanding leadership and support from Tony as acting group CEO. “Tony Fernandes, who was recently appointed as the acting group CEO, in addition to his position as a non-independent non-executive director of AAX in July this year, will be stepping down from his senior leadership positions with AAX, ensuring a smooth transition in leadership. Our strategy is to focus on flying our most popular and profitable medium haul routes first, which have proven to be successful in the past including leveraging cargo operations in key markets,” said Mahmood Fawzy. “AAX group is reborn and rebounding fast, thanks to strong pent up demand for affordable mid-range travel across Asia and Asia Pacific. To cater to the “overwhelming consumer demand”, Mahmood Fawzy said the AAX group has added a significant number of new services for both Malaysia based AAX (D7) and Thailand based TAAX (XJ), “with many more in the pipeline”.

Mr Fernandes reportedly wants to concentrate on Capital A, which is the holding company of AirAsia Aviation Group. Read more at straitstimes.com.

“My job was to bring the airline back to profitability and growth. “I went in with a clear mandate to restart AirAsia X and bring it back to life from hibernation. Despite key changes in the senior management team, the source pointed out that the current AAX CEO Benyamin Ismail would play a key role in enhancing AirAsia’s growth, and the group has yet to find Mr Fernandes’ replacement in AAX.

Fernandes explained that he went in with a clear mandate to restart AAX and bring it back to life from hibernation.

After the excellent job led by Lim Kian Onn on the restructuring, my job was to bring the airline back to profitability and growth," he said. "I am happy that this has been accomplished with a very edifying plan for 20 aircraft for the AAX Group— 13 aircraft for AAX and seven for Thai AAX. The airline said in a separate statement that Fernandes (pictured) is doing so to ensure a smooth transition in leadership.

KUALA LUMPUR — Mr Tony Fernandes has stepped down as the acting group chief executive officer (CEO) of AirAsia X Group with immediate effect, citing other ...

"I am happy that this has been accomplished with a very edifying plan for 20 aircraft for the AirAsia X Group—13 aircraft for AirAsia X and seven for Thai AirAsia X." KUALA LUMPUR — Mr Tony Fernandes has stepped down as the acting group chief executive officer (CEO) of AirAsia X Group with immediate effect, citing other commitments. Mr Fernandes was appointed to the position in July this year, in addition to his position as a non-independent non-executive director of AirAsia X Group.

Tony Fernandes has stepped down as the acting group CEO of Capital A's long-haul budget carrier AirAsia X citing "other commitments."

“I am happy that this has been accomplished with a very edifying plan for 20 aircraft for the AirAsia XGroup — 13 aircraft for AirAsia X and seven for Thai AirAsia X.” AirAsia X had entered a court-overseen debt restructuring process during the pandemic. Having served as the non-independent non-executive director of AirAsia X, Fernandes stepped in to the role of acting group CEO in July this year.

He will focus on Capital A, the holding company of AirAsia Aviation Group.

“My job was to bring the airline back to profitability and growth. “I went in with a clear mandate to restart AirAsia X and bring it back to life from hibernation. [news release](https://newsroom.airasia.com/news/clear-skies-ahead-as-airasia-x-spearheads-growth-as-leading-mid-range-airline-with-key-management-changes) stated that Fernandes wants to deliver "significant value to shareholders of Capital A" after having brought AirAsia X "back to life from hibernation" following his return to the company.