ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Transportation

AirAsia's pandemic recovery to take two more years, says Fernandes

Budget carrier's 1Q sales drop 87%, net loss improves slightly from year before

AirAsia CEO Tony Fernandes sees financial recovery from the coronavirus pandemic in two years.   © Reuters

KUALA LUMPUR -- AirAsia Group CEO Tony Fernandes said Thursday that a financial recovery is two years away as rising COVID-19 cases in major operating countries force prolonged border closures and travel restrictions.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more