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AirAsia Co-Founder Tony about to give the world a new airline

Posted on May 7, 2026
By Business News Today
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1 min read

AirAsia Co-Founder Tony about to give the world a new airline

Tony Fernandes, co-founder of AirAsia X, is set to launch a new airline. This aggressive expansion comes despite rising oil prices. The new carrier is expected to be announced soon. Fernandes sees opportunities within the current market challenges. AirAsia is reallocating aircraft for this new venture. This move follows a significant aircraft order for smaller planes to boost Asian connectivity.