Despite soaring oil prices and weakening currencies, the outlook for aviation remains positive due to “extremely strong” demand, said Tony Fernandes, CEO of AirAsia parent company Capital A.
“I think we’re coming out of PN17. While I was very against it, I thought it was harsh to put us into PN17 … actually we’ve turned a negative into positive.”
What would be a “problem,” however, is getting the aviation group’s fleet back out of maintenance, Fernandes added.