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AirAsia recovering well through digital transformation, other opportunities


06 Mar 2021 / 17:11 H.
Pix for representational purpose only.
KUALA LUMPUR: AirAsia Group Bhd is recovering well from the Covid-19 pandemic’s impact on the aviation industry, having seized the opportunity to relook at opportunities that it had not been able to do earlier and accelerated its digital transformation, said group chief executive officer Tan Sri Tony Fernandes.
The group saw the situation as a once-in-a-lifetime opportunity to recharge its business, and started to focus on Asean, relook at its cost structure and do away with businesses that did not make sense, he said.
“With the digital platforms such as the super app, fintech and food business going pretty well, we are now at the end of the tunnel and excited on the diversified businesses that are coming in,” he said at the Youth Economic Forum (YEF) 2021 during a virtual session titled “Road to Recovery: Turning Crisis Into Opportunity”. ....

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AirAsia recovering well via digital transformation


AirAsia Group CEO Tan Sri Tony Fernandes: With the digital platforms such as the super app, fintech and food business going pretty well, we are now at the end of the tunnel and excited on the diversified businesses that are coming in. - File pic
is recovering well from the COVID-19 pandemic’s impact on the aviation industry, having seized the opportunity to relook at opportunities that it had not been able to do earlier and accelerated its digital transformation, said group chief executive officer Tan Sri Tony Fernandes.
The group saw the situation as a once-in-a-lifetime opportunity to recharge its business, and started to focus on ASEAN, relook at its cost structure and do away with businesses that did not make sense, he said. ....

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