Sri Lanka, April 26 -- Capital A CEO Tan Sri Tony Fernandes clarified that it is AirAsia Consulting Sdn Bhd that is bidding to acquire SriLankan Airlines, and not AirAsia.
If successful, the soon to be re-branded AirAsia Consulting will raise its own capital for the acquisition, Fernandes told reporters in Malaysia this week at a media conference that was held to announce the extension of his tenure as chief for another five years.
"Just to clear that up for everyone, AirAsia is not buying SriLankan Airlines. AirAsia Consulting, which will set up its own fund, is looking at buying SriLankan Airlines. So, it's not AirAsia," he said.
"I know it's confusing, and AirAsia Consulting will be changing (its name) to Capital A Consulting very soo...