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No News Is Bad News
Singapore says no to AirAsia’s Tony Fernandes
Singapore rejects Tony Fernandes’ business application 3X
KUALA LUMPUR, Oct 1, 2024: Capital A chief executive officer Tony Fernandes of AirAsia is upset that Singapore rejected his application for licence three times.
Clearly, Singapore does not think Fernandes qualifies to operate an airline business in the island republic for valid reasons and that the Singapore Government also does not need to answer to him.
No News Is Best News reproduces below a social media chat (with self censorship) that is being circulated virally:
“(Fernandes) He asked why Singapore rejected his license three times.
Isn’t it obvious ? He left thousands of customers in the lurch and refused to refund them in cash.
He XXXXXXXX his public listed company, hiding behind the legal process of not needing to pay his creditors. Then when the dust settled, he listed his company again under a different entity.
Would you want to have business dealings with such a XXXXXXXX?
Yet, he is thick skinned enough to publicly admonish Singapore for rejecting his license three times.
In short, Mr Fernandes, you cannot simply play the same game in Singapore as in Malaysia!
No News Is Bad News reproduces below a news report with Fernandes lamenting Singapore’s rejection of his business application:
'Don't block me in Singapore' - Tony Fernandes on AirAsia's rejected licence bids
By Bernama - September 26, 2024 @ 9:11pm
“We could get other Asean countries but Singapore has blocked us all the time because they protect their airlines,” Tan Sri Tony Fernandes said after the grand opening of 14-line Asia Digital Engineering’s maintenance, repair and overhaul hangar at the Kuala Lumpur International Airport (KLIA) today. - Bernama pic
KUALA LUMPUR: AirAsia will not give up on securing a licence to operate in Singapore, despite having been rejected three times, says Capital A chief executive officer, Tan Sri Tony Fernandes.
"Don't block me in Singapore," he said.
"Three times we had applied for an airline licence, three times we were rejected. We have airlines in Cambodia, the Philippines, Indonesia, Thailand and Malaysia.
"We could get other Asean countries but Singapore has blocked us all the time because they protect their airlines," he said after the grand opening of 14-line Asia Digital Engineering's maintenance, repair and overhaul hangar at the Kuala Lumpur International Airport (KLIA) today.
Commenting on his post on Linkedln about SIA Engineering Company (SIAEC), he said that he had no problem with the company coming to Malaysia.
SIAEC had recently signed a 15-year agreement with Khazanah Nasional's subsidiary company, Impeccable Vintage Properties, to lease two hangars at Sultan Abdul Aziz Shah Airport in Subang.
"The point is SIAEC is fine here, we support it… it's good for the country, good for investments and good for employees who want to leave.
"If they have a better job they should go. This is a free market.
"My problem is why doesn't Singapore give me a licence? That's my problem," he said. — BERNAMA
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