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Tan Sri Tony Fernandes : Malaysian Entreprenuer

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‘How he took over AirAsia’


The CEO of AirAsia



His early journey towards Air Asia begins in the early 2001 when he started planning to start a budget no free airline. A no frill airline is an airlines that offer low fares but eliminate all non-essential services, such as complimentary drinks snacks, in-flight entertainment systems, business-class seating. By using a no-frill airline, it is offers a very low cost that’ll made it possible for everyone to fly. Unfortunately, his application for a license from the Malaysian government was rejected. With help from Datuk Pahamin A. Rejab, the former secretary-general of the Malaysian Domestic Trade and Consumer Affairs Ministry, he manages to meet the Prime Minister during that time which is Tun Dr. Mahathir Mohamad on October 2001. He had advised Tan Sri Tony to buy an existing airline instead of starting from scratch. During that time, AirAsia is a heavily-indebted subsidiary of the Malaysian government-owned was quickly losing money. Tan Sri Tony manages to aquire the company and transformed it into an industry player. Amazingly, it only took him one year to break even cleared all its debts. Today, we can see that all his hard work had payed off when AirAsia is one of the biggest airline companies in Asia.




One of the plane models

AirAsia commercial video

AirAsia stewardess 


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1 comment:

shafika izyanie said...

this blog is very attractive,by reading this entry it is shows that if we want for something..we have to achieve it and work hard for it :)

21 October 2013 at 08:42

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Blog Archive

  • ▼  2013 (6)
    • ▼  October (6)
      • ‘His early background’
      • ‘How he took over AirAsia’
      • ‘His next move’
      • ‘His own reality program’
      • ‘Making a mark in English football’
      • Reference
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