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AirAsia, Lion Air bosses spar over plane orders

AirAsia boss Tony Fernandes questioned his rival's growth plans after Lion Air struck a $24 billion Airbus order, while pledging to preserve his own ties with the European jetmaker.As competition intensifies between Southeast Asia's largest budget carriers, Lion Air co-founder Rusdi Kirana shot back by targeting sharp growth in AirAsia's domestic Malaysian market.In a realignment of industry loyalties, Indonesia's Lion Air loosened exclusive ties with Boeing this week to place a 234-plane order with Airbus, which is also sole supplier to AirAsia.Asked if he was upset about the blockbuster deal between his top supplier and his closest rival, Fernandes said, "Why should I be? I think Lion has probably bitten off more than they can chew. We are focused on ourselves".Lion Air co-founder Rusdi Kirana mocked any suggestion that the airline had over-extended itself."Is he an angel? Does he know the future?" Kirana said when asked about Fernandes's comments.The two airline chiefs discussed the...

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  1. Ryanair Raises Forecasts

    Ryanair Holdings PLC (RYA.DB) on Monday raised its full-year forecasts after posting a 21% increase in third-quarter profit, more evidence of how Europe's discount a...

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