Tony Fernandes

AirAsia case: Tata Trusts' Venkataramanan says allegations baseless, blames Cyrus Mistry

The CBI has registered a case against AirAsia Group CEO Tony Fernandes, Venkataramanan and other officials for allegedly trying to manipulate government policies to get international licence.

published on : 30th May 2018

AirAsia shares tumble as probe threatens plans for India unit's IPO

CBI accuses the airline, some of its employees and third parties of violating foreign direct investment rules while obtaining its licence to fly, and of bribing government officials.

published on : 30th May 2018

Speed money for global rights lands AirAsia CEO Tony Fernandes in soup

It lobbied to flout 5/20 rule, which says a carrier should have five years experience in running domestic operations and a fleet size of 20 aircraft for it to apply for permit to fly international.

published on : 30th May 2018

CBI books AirAsia Group CEO Tony Fernandes, others for violating norms to get international flying licenses

Air Asia Group CEO Tony Fernandes allegedly approached government servants for clearances, removal of existing 5/20 rule of aviation and change in regulatory policies, the agency has alleged.

published on : 29th May 2018

AirAsia shares drop after CEO says sorry for backing ex-PM Najib Razak

AirAsia stocks fell as much as 10 percent from their last traded price last Tuesday before a four-day market holiday, but recovered some losses by midday Monday.

published on : 14th May 2018