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AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed

Updated : February 05, 2020 08:51 AM IST

Senior company executive Tharumalingam Kanagalingam will be the acting CEO, with the changes effective immediately.
In a joint statement, Fernandes and Kamarudin denied any allegations of wrongdoing or misconduct as directors of AirAsia.
TA Securities downgraded AirAsia Group stock to "sell" from "buy".
AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed

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