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On Friday, Tony Fernandes faced the press to do what he does best: play the master showman.
It had been weeks since his AirAsia was in the news, thanks to newswires Reuters and Bloomberg, with the airline’s financial strains front and centre.
Fernandes projected total defiance, rubbishing reports of government intervention as “ludicrous” and insisting the airline is sitting on a mountain of cash.
So, I’ll break down each claim and see how it holds up against the mechanics of his business.