Tony fernandes airasia biography
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TONY FERNANDES
Chief Executive Officer, Capital A
One of Asia’s most recognisable entrepreneurs, Tony Fernandes is best known for co-founding low-cost carrier AirAsia with Datuk Kamarudin Meranun and democratising air travel in the region.
Fernandes and Datuk Kamarudin famously bought the ailing airline for a token MYR1 (approximately USD) and MYR40 million in debt, turning it around within two years and growing it from a Malaysian domestic carrier into Asia’s largest low-cost carrier bygd passengers carried.
Fernandes studied in the UK, and qualified as an Associate Member of the Association of Chartered Certified Accountants in and Fellow Member in An accountant by training, Fernandes began his career in Richard Branson’s Virgin Group before returning to Malaysia as Warner Music Group’s Vice President for Southeast Asia before venturing into the airline business.
Fernandes has received numerous honours and awards over the course of his career. These include the Honour of the
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One of Asia’s most recognisable entrepreneurs, Tony Fernandes is best known for co-founding AirAsia with Datuk Kamarudin Meranun and democratising air travel in the region. Fernandes and Datuk Kamarudin famously bought the ailing airline for a token MYR1 (approximately USD) and MYR40 million in debt, turning it around within two years and growing it from a Malaysian domestic carrier into Asia’s largest low-cost carrier by passengers carried.
Since , Fernandes has been spearheading a digital transformation of his businesses, launching AirAsia’s super-app (now AirAsia MOVE) in October , a comprehensive travel platform that offers flights, hotels, and e-hailing services. He is currently the CEO of Capital A, an investment holding company with a diverse portfolio of synergistic businesses, including AirAsia, aviation services, fintech BigPay, and logistics venture Teleport. He studied in the UK and qualified as an Associate Member of the Association of Chartered Certified Accountants inom
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Tony Fernandes Keynote Speaker
Tony Fernandes is a keynote speaker and the CEO of AirAsia, a company he bought from the Malaysian government for the equivalent of 20p. The company came with over £10m worth of debt, and Tony made his move just days after 11th September , arguably the worst day in the history of commercial aviation. Tony Fernandes inspires audiences with his personal story as a motivational speaker.
Creating opportunity from serious catastrophe, Tony capitalised on the crisis when aircraft leasing costs were down and layoffs meant that qualified staff were readily available. Within a year, the company had cleared its debts and broken even. He has since founded the Tune Group of companies.
Before AirAsia, Tony worked as the Financial Controller at Virgin Communications London from and Senior Financial Analyst at Warner Music International London from to He was then appointed as the Managing Director at Warner Music Malaysia in and Regional Managing Director, Ase