Tony Fernandes refutes quit report


By Yow Hong Chieh
December 08, 2011
KUALA LUMPUR, Dec 8 Tan Sri Tony Fernandes has denied he will renounce as AirAsia trainer soon, indicating out which he had usually ! told rep orters a airline contingency hope for for brand brand brand new leadership.

"Not resigning from AirAsia. All I pronounced is subsequent 10 years we contingency hope for for brand brand brand new care as well as my time is entrance up soon," he pronounced upon micro-blogging site Twitter during around 7.40pm.

"First a CEO for Malaysia as well as I concentration upon organisation functions as organisation CEO. Good care is to hope for for succession. Not going anytime shortly though."

Bernama reported earlier currently Fernandes (picture) had hinted he would shortly step down as a conduct of Asia's biggest bill conduit during AirAsia's 10th anniversary whack in Sepang.

"Next 10 years (there) will be a brand brand brand new CEO. My time is entrance to an finish soon," a state news group had quoted him as observant when asked where a airline will be in 10 years.

"Yes, all three of us (chairman Datuk Aziz Bakar as well as deputy arch executive military officer Datuk Kamaruddin Meranun) will have to go together."

Bernama after released an obligatory notice to editors which it was retracting a story during AirAsia's request, adding which there would be no replacement story.

Malaysian state investment arm Khazanah Nasional Bhd owns 10 per cent of AirAsia after a share swap with Fernandes' company, Tune Air Sdn Bhd, which right away binds 20.5 per cent of Malaysia Airlines (MAS).

Both Fernandes as well as Kamaruddin have been additionally non-executive directors in a bum flag carrier.

Loss-making MAS is right away going through another turnaround devise with brand brand brand new management notwithstand! ing two earlier turnaround plans.

The brand brand brand new devise includes environment up a super reward regional airline which will not contest with AirAsia. The low-cost conduit additionally has operations in Thailand, In! donesia as well as shortly in a Philippines as well as Japan.

Fernandes has used his fortune done from AirAsia's success to venture in to owning a Formula One racing team Caterham F1 Team as well as a Queens Park Rangers football bar playing in a English Premier League.

He is additionally pronounced to be seeking to launch Caterham Jet, a reward commercial operation jet service, subsequent year.

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Presiden "Pakatan Rakyat",Datuk Seri Najib Membongkar Kembali Kisah Yang Berlaku Pada sixteen Sep 2008 Maklumat Lanjut Sila Layari www.klpos.com

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