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The best low-cost airline in the world is taking on Amazon and international banking Airbus AirAsia is the best low-cost airline in the world. CEO Tony Fernandes wants to shift the airline's business towards e-commerce. AirAsia has also launched a payments platform called BigPay. Fernandes believes the first class cabin is going away within five years. Sixteen years ago, Tony Fernandes, with a small group of intrepid entrepreneurs, took over a failing Malaysian Government-owned airline for $0.25 and the promise to assume its $11 million in debt. Since then, AirAsia has helped br...
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