AirAsia, a Malaysia-based airline, has announced the stepping down of its Chief Executive Tony Fernandes and Executive Chairman Kamarudin Meranun with immediate effect. As per the company’s exchange filing, both men were to stand down “for a period of two months or such other period that the company may deem fit.” The two executives have…
The Enforcement Directorate on Thursday summoned the entire top management of AirAsia including its past top executives. AirAsia’s Malaysia based-CEO Tony Fernandes is asked to appear before the official on 20th January. Summons have been issued under the Prevention of Money Laundering Act (PMLA). The case is related to an alleged violation of rules by…
Air Asia India has appointed Mittu Chandilya, to head the operations of the airline in India. His appointment was announced by Air Asia’s founder Tony Fernandes on Twitter. Tont Fernandes tweeted – "The board of Air Asia has appointed Mittu Chandilya as the CEO of the company. Mittu is coming home to change Indian travel…