Tony Fernandes, chief executive officer of low-cost carrier AirAsia Bhd., plans to sell the Caterham group of automotive and engineering companies, The Edge Malaysia reported.
Asia’s biggest budget carrier has set a target for its India venture to break even in four months. Some of its local rivals haven’t achieved that in three years.
"I was having great time in Capri, and the idyllic vision got destroyed by John Leahy's face."
- Tony Fernandes on Jul 15, 2014