AirAsia founder plots low-cost Dubai-like hub in Bangkok, Kuala Lumpur

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AirAsia founder plots low-cost Dubai-like hub in Bangkok, Kuala Lumpur
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WASHINGTON (Reuters) -The Federal Communications Commission on Thursday proposed to fine Chinese-based video doorbell manufacturer Eken nearly $735,000 for providing false information and after security concerns were raised.

Discount carrier AirAsia hopes to emulate Dubai ’s success in connecting the world, but in a low-cost format in Bangkok and Kuala Lumpur as it looks to put its tumultuous pandemic years behind it and expand.

"What I’m trying to do, which will be the first time in the world, is to create a hub in Kuala Lumpur and Bangkok like Dubai and Qatar,” he said in an interview in the Thai capital."Bangkok has kind of a hub, Singapore obviously has, but these are premium hubs. No one has really done a low-cost hub.”

Fernandes predicts a full recovery next year and forecasts that 2026 will be the industry’s"golden year”. Geopolitical headwinds have helped AirAsia, with more travelers choosing to fly within Asia rather than heading to the US or Europe, Fernandes said.

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