Fernandes, one of the aviation industry’s best known executives, and Kamarudin will remain advisers, however, “in view of the current difficult economic circumstances facing the airline industry”, the company added.
KUALA LUMPUR (Feb 3) AirAsia Group CEO Tony Fernandes and Chairman Kamarudin Meranun will step aside for at least two months while the airline and authorities investigate allegations Airbus paid a bribe of US$50 million ($68.5 million) to win plane orders from the company.
A committee comprising the non-executive members of AirAsia’s board will review the allegations and take any necessary action, Asia’s biggest budget airline said on Monday.
