Air Transport World

AirAsia CEO Tony Fernandes.(ASIA/PACIFIC Report)(Brief article)

AirAsia CEO Tony Fernandes, in contrast, said the Malaysian LCC will be "comfortable" even if oil prices reach $200 per barrel, the Associated Press reported. "We have taken a very different approach in that we will market ourselves out of this problem," he said, adding that reduced competition will be the "silver lining" during the current downturn. …

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