Posted inAT Finance, Malaysia

AirAsia in a tailspin amid Airbus bribery claim

Malaysian mogul Tony Fernandes, one of the aviation industry’s best-known executives, temporarily stepped down on February 3 as chief executive of the AirAsia budget carrier he co-founded amid US$50 million bribery allegations involving Airbus, the world’s largest plane maker. The bribery claims involve two unnamed senior AirAsia executives and were brought forward by prosecutors from […]

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