AirAsia’s Fernandes brushes off SIA low-cost plan

Free Malaysia Today, 26 May 2011
KUALA LUMPUR: AirAsia chief Tony Fernandes today brushed aside Singapore Airlines’ plans for a long-haul budget airline that will challenge his AirAsia X, saying “piracy continues to follow me”.
“When Tiger Air was started a lot of people asked me: ‘How are you going to compete with Tiger Air which has much bigger investors including Singapore Airlines and (Singapore investment fund) Temasek?’
“Tiger Air (now) has 20 planes and barely made a profit last year. So we will compete with SIA,” he said. Full story