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TONY FERNANDES NAMED CAPA AIRLINE CEO OF THE YEAR
AMSTERDAM, 28 October 2016 - AirAsia Group CEO Tony Fernandes has been named Airline CEO of the Year at the 2016 CAPA Aviation Awards for Excellence.
The award was presented to him at a gala dinner held at Hotel Okura here last night.
This is the third time Fernandes has won the accolade from influential aviation consultancy CAPA-Centre for Aviation. The first two times were in 2004 and 2005.
AirAsia Group CEO Tony Fernandes said, "AirAsia has come a long way since I won the first ever CAPA Airline Executive of the Year award in 2004. And in those 12 years, AirAsia has both changed and stayed the same. Back in 2004, the low-cost model was still something new to Asia. We had just embarked on our first two affiliates outside of Malaysia, in Thailand and Indonesia. We had 17 planes and 1,400 staff, and people were only starting to notice us.
"Since then, we've grown into a truly Asean airline with operations in Malaysia, Thailand, Indonesia, Philippines, India, and soon, Japan, more than 200 aircraft and 17,000 Allstars. We're the only airline that flies to all 10 Asean nations and, with Fly-Thru, we can connect the whole of Asia Pacific, from Japan, Korea and China to Australia and New Zealand to India and beyond, in just one stop. We even fly as far as Mauritius now. So that's what's changed.
"What has stayed the same through the years is our unending commitment to quality and innovation and the dream that everyone can fly. This wonderful award is a testament to the fact that the dream is still very much alive, and we will continue to hold to this dream as we go into the next 12 years and beyond."
CAPA said Fernandes was selected for the award for successfully steering AirAsia to increased profitability and an improved outlook this year following an "extremely challenging" 2015.
It noted the new capital raised from the issuance of new shares, expansion of operations in China, the upcoming relaunch of AirAsia Japan and the formation of an aircraft leasing business which is expected to be spun off, raising more capital and reducing group leverage.
CAPA Executive Chairman Peter Harbison said, "AirAsia is back at the front of the pack in the challenging Asian market and Tony has once again shown why he is one of the industry's leading executives. The original short-haul operations in Malaysia and Thailand are again among the most profitable airlines in Asia while Indonesia and Philippines are expected to be profitable again in H2 2016. AirAsia X is also back in the black following a restructuring."
The CAPA Aviation Awards are regarded as the pre-eminent awards for strategic excellence in aviation.
Recipients are chosen by an independent international panel of judges to reward airlines and airports that are not only successful but also provide industry leadership in adjusting to a new environment.
Past winners of the Airline CEO of the Year award include Qantas Airways CEO Alan Joyce, Etihad Airways CEO James Hogan and Willie Walsh, CEO of IAG, the holding company for British Airways, Aer Lingus, Iberia and Vueling.
Too hot Leave a commentEditVIDYA BALAN LEARNS DRIVING FOR TE3N!!May 20, 2016 On 10th June, the Power of Three will be unleashed as the formidable trio of exemplary actors in the shape of Amitabh Bachchan, Nawazuddin Siddiqui, with Vidya Balan in a pivotal guest appearance will be seen together in Ribhu Dasgupta’s emotional thriller TE3N! As the chase to nap a murderer heats up, Vidya’s character has to vend her way to different localities in the city of Kolkata. Vidya reveals that polishing her driving skills was the only real preparation she did for the movie. “I know how to drive,” Vidya Balan said, “but I’ve never been a confident driver but for this film, I wanted to do it myself so I actually drove around Kolkata. Sujoy Ghosh was my driving instructor.” Well, nothing like a film experience that teaches you something new!! Watch out for the much awaited TE3N as it releases on 10th June 2016 Leave a commentEditMay 20, 2016NorthEast Today
MALE, 22 MAY 2016 – AirAsia strengthened its presence in the paradise islands of Maldives with the launch of the first AirAsia Travel & Service Centre (ATSC) today, which is operated by All H Maldives Private Limited. The centre was officiated by Honourable Mr Moosa Zameer, Minister of Tourism Maldives; Mr Hussain Jaleel, CEO of Civil Aviation Maldives; Mr Ibrahim Shareef Mohamed, Commissioner General of Customs Maldives; Mr Adil Moosa, Managing Director of Maldives Airports Company; Mr Abdullah Rasheed, Director Air Transport Maldives Civil Aviation Authority along with Ms Aireen Omar, CEO of AirAsia Berhad. In conjunction with the launch of this ATSC, AirAsia is offering an exclusive promotion with 20% discount off selected AirAsia and AirAsia …