• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Airline industry
Asia

An outspoken airline chief combined a massage and a meeting—then posted a shirtless photo to LinkedIn

By
Lionel Lim
Lionel Lim
Asia Reporter
Down Arrow Button Icon
By
Lionel Lim
Lionel Lim
Asia Reporter
Down Arrow Button Icon
October 18, 2023, 6:06 AM ET
Capital A CEO Tony Fernandes, in a now-deleted LinkedIn post, said the ability to have a massage and a meeting at the same time was a credit to his company's corporate culture.
Capital A CEO Tony Fernandes, in a now-deleted LinkedIn post, said the ability to have a massage and a meeting at the same time was a credit to his company's corporate culture. Ore Huiying—Bloomberg via Getty Images
Add Fortune on Google for similar content.

Tony Fernandes, the outspoken boss of Malaysian budget airline AirAsia, is known for his bold moves. But his latest comment may have been a little too bold—and revealing.

Recommended Video

In a LinkedIn post on Tuesday, Fernandes posted a photo of himself shirtless and receiving a massage in a meeting room. “Got to love Indonesia and AirAsia culture that I can have a massage and do a management meeting,” he wrote in the post, which has since been deleted. Fernandes wrote that he was having a “stressful week,” and that the massage was a suggestion from an employee.

Fernandes is the CEO of Capital A, a holding company which owns AirAsia.

@airasia CEO #tonyfernandes being criticised for attending a board meeting while getting a massage and sitting shirtless. How many of his employees would actually been allowed to do that? pic.twitter.com/ZYwS8sXnWu

— Sumit Chaturvedi (@joinsumit) October 18, 2023

Responding to a request for comment from Bloomberg, Fernandes said he “didn’t mean to offend anyone“ with his post. “You can never really explain the thought process behind a post, so I deleted it,” he continued.

Larger than life

Fernandes bought AirAsia, then heavily in debt, for less than a dollar in 2001. The airline rebranded itself as a “low fares, no frills” carrier, and soon became a leading budget airline in Southeast Asia.

The Malaysian businessman has long been a larger-than-life character, with commentators at times comparing him to his former boss Richard Branson, the British entrepreneur behind the Virgin Group.

In 2013, Branson dressed up as a female AirAsia attendant on a flight from Perth, Australia, to Kuala Lumpur, Malaysia. Fernandes and Branson owned different Formula 1 teams, and the two aviation executives agreed that whoever lost to the other would need to dress up as a flight attendant on the winner’s airline.

Fernandes also played the “Donald Trump” role in an Asian spinoff of the reality show The Apprentice, which aired for just one season in 2013. The show offered a one-year contract at AirAsia to the winner.

Yet the AirAsia head also courted controversy with his statements.

In 2010, Fernandes jabbed at the CEO of a competing airline, Tiger Airways, in several media interviews. He said Tiger’s then-CEO Tony Davis was “on drugs” for launching an airline in Australia, and claimed AirAsia was a better fit for the region because “we’re Asians, not a bunch of white guys.” (Tiger Airways eventually merged with Scoot, the budget carrier owned by Singapore Airlines.)

The AirAsia CEO also claimed in 2018 that Malaysia’s government, then under Prime Minister Najib Razak, pressured him to cancel extra flights in advance of the country’s general election. Malaysia’s aviation regulator denied the claim.

Fernandes, at the time, also apologized for releasing a video supporting the prime minister. (Najib lost the 2018 election, weighed down by the scandal surrounding 1MDB, and later went to prison on corruption charges.)

Beyond airlines

As Fernandes’s fortune grew, he made high-profile forays into other areas. He bought the Lotus Formula 1 racing team in 2010, which then became Caterham. Yet he exited the world of professional racing a few years later in 2014, later calling it a “disaster.”

Fernandes also bought the English football team Queens Park Rangers in 2011 from then Formula 1 CEO Bernie Ecclestone. He eventually sold his stake in the club last year, citing a wish to focus on his budget airline.

AirAsia, like many other airlines, was hit hard by the COVID pandemic and the collapse in travel. Yet the company is now recovering as tourism returns. The airline plans to fully reactivate its entire fleet by the end of the of year.

About the Author
By Lionel LimAsia Reporter
LinkedIn icon

Lionel Lim is a Singapore-based reporter covering the Asia-Pacific region.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in

im Tran with her Grandaughter, two weeks old Alessandra on 28th October, 2005.
Economypopulation
‘The demographic dividend of the last 40 years is ending’: J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
8 minutes ago
Current ARM mortgage rates report for July 24, 2026
Personal FinanceReal Estate
Current ARM mortgage rates report for July 24, 2026
By Glen Luke FlanaganJuly 24, 2026
11 minutes ago
Current refi mortgage rates report for July 24, 2026
Personal FinanceReal Estate
Current refi mortgage rates report for July 24, 2026
By Glen Luke FlanaganJuly 24, 2026
11 minutes ago
Mortgage rates today, July 24, 2026
Personal Financemortgages
Mortgage rates today, July 24, 2026
By Glen Luke FlanaganJuly 24, 2026
11 minutes ago
European travel platform Omio raises $10 million and buys Rail Europe as it chases Asia’s tourism market 
Asiatourism
European travel platform Omio raises $10 million and buys Rail Europe as it chases Asia’s tourism market 
By Nicholas GordonJuly 24, 2026
12 minutes ago
Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
Magazineoil and gas
Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
By Jordan BlumJuly 24, 2026
12 minutes ago

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
1 day ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
16 hours ago
Current price of oil as of July 23, 2026
Personal Finance
Current price of oil as of July 23, 2026
By Joseph HostetlerJuly 23, 2026
21 hours ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
1 day ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.