Tony Fernandes went in with a clear mandate to restart AAX and brings it back to life from hibernation. He is happy that this has been accomplished with a very edifying plan for 20 aircraft for the AAX Group - 13 aircraft for AAX and seven for Thai AAX. After the excellent job led by Lim Kian Onn on the restructuring, Tony Fernandes' job was to bring the airline back to profitability and growth. AAX has improved the cost structure, and created the cargo business, which has contributed about 20% to the airlines revenue during the pandemic and will continue to play a vital role in the recovery of AAX.

He is confident that AAX will come back stronger providing a great value mid-range travel, led by the senior leadership teams in Malaysia and Thailand. Tony Fernandes is now going to focus on delivering significant value to shareholders of Capital A Berhad, including the AirAsia Aviation Group Limited, aviation services, logistics, travel, fintech and the e-commerce lifestyle platform.