AirAsia is getting closer to finding a partner for a Japan comeback after Asia's largest budget carrier pulled out of its money-losing joint venture there last year, CEO Tony Fernandes told CNBC.
The carrier is "a couple of months away" from finding a partner for its return to Japan, he said Thursday. "I had a very good presentation from the team. We're confident."
Last year, AirAsia sold its stake in its Japanese budget airline joint venture with ANA Holdings, ending a less than two-year-old money-losing tie-up. The carrier, which was 67 percent-owned by ANA, had flown to five domestic destinations and two in South Korea.
But AirAsia certainly isn't taking a once-bitten, twice-shy approach to Japan.
"We shall return like Caesar," Fernandes said. "This could be -- and I still believe it, it's a strong statement -- probably the most profitable company within AirAsia," he said.