How AirAsia's $10 Billion Gamble Could Break Emirates and Qatar's Stranglehold!
ExPlanedOn February 11, 2026, AirAsia announced the most ambitious bet in low-cost aviation history: a $10 billion hub in Bahrain, 100 aircraft, and 45 million passengers a year connecting Southeast Asia to Europe and Africa. Seventeen days later, a Gulf crisis broke out. This is the story of Tony Fernandes