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AirAsia's Fernandes: "Cargo could be as powerful as passenger services"

Analysis

Talking at the CAPA Live on 9-Jun-2021, AirAsia Group CEO Tony Fernandes spoke with CAPA's chairman emeritus Peter Harbison:

- "Prior to COVID I began to see the e-commerce revolution, and I started building a separate company and I wanted to keep more of the share, more of the upside"

- "When COVID hit we accelerated these plans as e-commerce was driven to another level"

- "I want to be part of the whole logistics chain...I'm working with shipping companies and trains, so we can provide an integrated solution"

- "Why can't we do to cargo what we did to passengers? I.e. eliminate the middleman, etc."

- For AirAsia, "Cargo could be powerful as passenger services"

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