After expanding to Hawaii, Tony Fernandes, CEO of AirAsia, tells Cheddar the airline will expand to Los Angeles in the near future. Fernandes wants to make AirAsia the Southwest of Asia, but how will he do that? He explains how creating one holding company with each ASEAN airline would make that dream a reality.

Plus, how AirAsia will continue to offer customers lower prices by expanding its fleet and customizing digital in-flight entertainment. You can also now watch Cheddar while flying AirAsia!

Fernandes also talks about how oil prices impact the company's bottom line and why stability is the best thing about oil.