TOKYO -- "Just another chapter in that never-ending story of AirAsia" was how Tony Fernandes, the Malaysian tycoon who heads Asia's largest budget carrier, described this year of struggle.
Carriers brace for restructuring, but crisis also presents opportunities

Thai Airways aircraft lined up at Suvarnabhumi Airport in Thailand on May 21. (Photo by Akira Kodaka)
TOKYO -- "Just another chapter in that never-ending story of AirAsia" was how Tony Fernandes, the Malaysian tycoon who heads Asia's largest budget carrier, described this year of struggle.