Skift Take
Fernandes is taking on the challenge of transforming AirAsia’s parent company as it tries to shake off its pandemic-era problems.
Capital A CEO Tony Fernandes said Wednesday he will stay on as the company’s top executive for another five years, putting aside his retirement plans.
Fernandes, who has led the company and its predecessors since 2001, said in January he would retire in the next five years, but the board persuaded him otherwise.
Capital A is based in Malaysia and operates AirAsia, a low-cost carrier that is one of the region’s largest airlines. The company was previously known as the A