AirAsia CEO Tony Fernandes

The deal, which will involve the merger of the branding unit with the US-listed company, will probably be announced within the next two months, AirAsia CEO Fernandes said

"It's not high prices, it's real prices," Fernandes said. "I think the fares you're seeing now are really what you should have seen in 2019 as well"

From Reliance Industries reporting dip in profit-before tax, Tony Fernandes cutting AirAsia exit price to $50 mn to Air India pitching leave-without-pay scheme, here are the top news on Friday morning

A watertight agreement is preventing Tata Sons from exiting AirAsia India

Chairman Kamarudin Meranun, too, relinquishes post temporarily over links to bribery scandal

Tata Trusts Managing Trustee Venkataramanan also named on charges of trying to bribe govt officials