{"id":335629,"date":"2020-02-04T11:44:16","date_gmt":"2020-02-04T06:14:16","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=335629"},"modified":"2020-02-04T11:44:16","modified_gmt":"2020-02-04T06:14:16","slug":"airasias-tony-fernandes-steps-aside-amid-airbus-bribery-probe","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airasias-tony-fernandes-steps-aside-amid-airbus-bribery-probe\/","title":{"rendered":"AirAsia&#8217;s Tony Fernandes steps aside amid Airbus bribery probe"},"content":{"rendered":"<p>KUALA LUMPUR: AirAsia&#8217;s colourful chief executive Tony Fernandes has stepped aside from the company while authorities probe unusual payments at the Malaysian carrier, as the fallout from a $4 billion bribery fine at Airbus reverberates across the industry.<\/p>\n<p>The shock decision came after Britain&#8217;s Serious Fraud Office (SFO) released details of a probe that found individuals associated with the planemaker had paid to secure deals with AirAsia and its long-haul unit AirAsia X.<\/p>\n<p>Fernandes and executive chairman Kamarudin Meranun said in a statement late Monday: &#8220;We are relinquishing our executive roles with immediate effect for a period of two months, or such other period that the companies may deem fit.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR: AirAsia&#8217;s colourful chief executive Tony Fernandes has stepped aside from the company while authorities probe unusual payments at the Malaysian carrier, as the fallout from a $4 billion bribery fine at Airbus reverberates across the industry. The shock decision came after Britain&#8217;s Serious Fraud Office (SFO) released details of a probe that found individuals associated with the planemaker had paid to secure deals with AirAsia and its long-haul unit AirAsia X. Fernandes and executive chairman Kamarudin Meranun said in a statement late Monday: &#8220;We are relinquishing our executive roles with immediate effect for a period of two months, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[208,130,143],"tags":[],"class_list":["post-335629","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=335629"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335629\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=335629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=335629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=335629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}