We believed that Fernades never wanted to use AirAsia’s monies to this project. In fact, probably he had Malaysia Airlines insight to be parasited when he went into buying QPR. The Guardian had this story almost four weeks ago.
Most important fact is that let us not forget that why and how the share swap deal happened in the first place, Fernandes and Din were brought into Malaysia Airlines and previous CEO tengku Dato’ Azmil Zahiruddin was summarily sacked because Malaysia Airlines was ‘highly unprofitable and in desire state of cash’. Isn’t this high value sponsorship is a quick way of Fernandes and Din parasiting on Malaysia Airlines’ cash position for their own personal benefit?