Flying On A Budget

December 2010
Forbes Asia;Dec2010, Vol. 6 Issue 14, p58
The article focuses on Tony Fernandes, chief of AirAsia Bhd, who was chosen as this journal's businessman of the year for 2010. He introduced the low-cost concept in Asia's airline markets. It is stated that he took over the sick AirAsia in 2001 from the Malaysian government and transformed it into a budget carrier. It discusses the contribution of Fernandes to the growth of the airline, which has become the largest low-cost carrier, with 100 planes and nearly 8,000 employees.


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