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Budget carriers revolutionizing Asian skies amid Malaysia tragedy

6 Aug 2014 06:20:37

theglobeandmail.com

Shortly after Tony Fernandes was packed off to a prestigious boarding school on the outskirts of London at the age of 12, he called his mother back in Malaysia, hoping to return home for the Christmas holidays.


"œShe said "˜It's too expensive,'" Mr. Fernandes recalls. "œAnd I said, "˜One day, I want to make this possible.'"


After finishing a degree at the London School of Economics, the ebullient Mr. Fernandes flew through the upper echelons of the music industry, working for Richard Branson's Virgin Group before becoming the regional director for Warner Music in Southeast Asia.


The disastrous AOL-Time Warner merger eventually gave him the impetus he needed to make a career change and pursue his childhood dream. Mr. Fernandes sold his stock, returned to Malaysia and went about building a hugely successful budget airline "“ AirAsia Bhd."“ in Kuala Lumpur.


Read full story: theglobeandmail.com

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