AirAsia CEO Says Talks With Airbus `Progressing Well'

May 25 (Bloomberg) — Tony Fernandes, chief executive officer of AirAsia Bhd., talks about the company’s financial results too business strategy.
AirAsia, Southeast Asia’s biggest discount airline, said yesterday first-quarter profit fell 23 percent due to higher fuel, maintenance too staffing costs as it added flights amid a surge in global oil prices. Fernandes speaks from Kuala Lumpur with Susan Li on Bloomberg Television’s “First Up.” Source: Bloomberg)