Wednesday, June 21, 2017

AirAsia happy to fly domestic, for now: CEO Tony Fernandes

Paris: India is a complicated country with aggressive competition, but AirAsia is happy flying in the domestic market and has a clear path ahead, says group CEO Tony Fernandes.

"I am very happy with the way we are going... India is a complicated country and it is further complicated with very aggressive competitors. So, we are happy where we are," Fernandes said in an interaction with IANS on the sidelines of the Paris Airshow here.

"We waited to understand the market. We now know our strategy. We have a very clear path moving ahead," Fernandes said.

He said AirAsia is not in a hurry to fly internationally.

"International is not such a rush for me anymore. I am doing good in domestic. That is the problem with our competitors. They made our lives so miserable we never realised how good domestic was. I am happy doing domestic," he said.

Asked what was different about competition in India, he said: "I have been in 10 other countries (but) we never had this kind of reaction... competition is not worse, the level of trying to get rid of us is."
21/06/17 Business Standard