AirAsia has been a seemingly never-ending success story since Tony Fernandes took it over in 2001. But not everything the ambitious CEO and his AirAsia Group have undertaken has been an unalloyed success. And now, the fast-growing airline conglomerate is facing its most serious crisis in the crash of Indonesia AirAsia Flight 8501. “This is my worst nightmare,” Fernandes wrote in one of his early tweets about QZ8501, which crashed in the Java Sea on the morning of Dec. 28 on a ...

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