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AirAsia's Fernandes sees financial recovery in nine months

Carrier names ex-Adidas executive to lead growth of digital businesses

AirAsia CEO Tony Fernandes wants Southeast Asian countries to speed up the reopening of their borders to spur demand for travel.   © AP

KUALA LUMPUR -- AirAsia Group expects earnings to return to pre-coronavirus pandemic levels in nine months, CEO Tony Fernandes said on Wednesday.

Malaysia's lifting of domestic travel restrictions has brought financial strength to the company and the recent announcement of the Malaysia-Singapore border reopening is an added plus, Fernandes said.

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