Honoured to be in Time’s top 100 list: Aviation tycoon Tony

Stresses that this year would be about refocusing his attention on core businesses starting with AirAsia

PANJIM: Tony Fernandes, who co-founded AirAsia, said his inclusion in Time magazine’s list of 100 most influential persons was a tremendous honour for him.
“It’s a tremendous honour to be included in Time’s top 100 list – I was shocked when I first received the news but I am very proud and humbled,” Fernandes said. “This has been a challenging year but my entire career has been about challenges and with every obstacle, we learn and become even better,” he added.
He said he felt that they were taking forward strides. “I am excited about the future,” he said.
Against all odds, Fernandes unleashed an unprecedented boom in air travel in Asia and the ASEAN region, connecting communities and cultures while providing a tremendous boost to the region’s economies. Innovative product offerings and creative marketing turned the once-staid industry on its head.
“I also want to thank my staff across all of my businesses in AirAsia, Tune Group, QPR and Caterham for standing by me through it all, for the tremendous support and hard work. Together, we will continue to disrupt the market,” he said.
With a vision to democratize air travel, Fernandes co-founded AirAsia in 2001 with partner Kamarudin Bin Meranun, purchasing the then loss-making AirAsia from its Malaysian owner for a token one Ringgit ($0.30) along with over $11M in debt.
He stressed that this year would be about refocusing his attention on the core businesses starting with AirAsia. We are committed to strengthening our core proposition of providing the highest value product and further expanding our network across ASEAN and beyond.
“We have always been about serving the underserved, whether it is through our services and product or giving chances to our staff where we have pilots who used to be purchasing assistants, department heads who started as baggage handlers and flight attendants who used to be administrative assistants. My hope is that the work we do through AirAsia and Tune Group enables and inspires the next generation of ASEAN entrepreneurs and SME owners and propels them to success,” he said.
Today, AirAsia is the largest low-cost carrier in Asia, servicing the most extensive network with over 90 destinations. Within 13 years of operations, AirAsia has carried over 280 million guests and grown its fleet from just two aircraft to over 190 with established short-haul operations in Malaysia, Indonesia, Thailand, Philippines and India, and long-haul operations in Malaysia, Indonesia and Thailand.
AirAsia has been named the World’s best low-cost airline in the annual World Airline Survey by Skytrax for six consecutive years from 2009 to 2014.

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