Indonesia’s Lion Group founder Rusdi Kirana may step down this year as chief executive officer to focus on his political career in hope of becoming the agriculture minister of the world’s fourth-most populous nation.
Tony Fernandes’s decision to ease growth plans at AirAsia Group is a rare display of caution following his expansion across the continent, as the region absorbs some of the largest aircraft orders of the past decade.
Malaysian Airline System Bhd. Chief Executive Officer Ahmad Jauhari Yahya was hired less than three years ago to steer the carrier into profitability. His mission has gotten harder as the national carrier hunts for a lost plane carrying 239 people.
AirAsia Bhd., Southeast Asia’s biggest budget carrier, is close to restarting plans for a Japanese unit after a partnership with ANA Holdings Inc. unraveled in June, Chief Executive Officer Tony Fernandes said.