DECEMBER 29, 2014

Worst year for entrepreneur Tony Fernandes

Tony Fernandes' already bad 2014 turned black at the weekend.

This year, the Malaysian entrepreneur sold his ailing backmarker F1 team Caterham, his London football club Queens Park Rangers has disappointed, and now a flight operated by his airline AirAsia has gone missing en route to Singapore.

The flight had 155 passengers and 7 crew on board.

"My heart bleeds for all the relatives of my crew and our passengers," he wrote on Twitter. "Nothing is more important to us."

The German newspaper Die Welt said 2014 was the "worst year of Fernandes' career".

(GMM)