Podcast appearances and mentions of Tony Fernandes

Play Episode Listen Later Jul 30, 2021 14:51

@tonyfernandes joined @therealashagill & @iamjasondesmond on #TheLITEBreakfast this morning!

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LITE | Is Space The Next Big Thing For Tony Fernandes? -Tony Fernandes Takeover

Play Episode Listen Later Jul 30, 2021 5:01

@tonyfernandes joined @therealashagill & @iamjasondesmond on #TheLITEBreakfast this morning!

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LITE | Talking About Current News -Tony Fernandes Takeover

Play Episode Listen Later Jul 29, 2021 20:19

@tonyfernandes joined @therealashagill & @iamjasondesmond on #TheLITEBreakfast this morning!

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LITE | What Is The Idea Of Home? -Tony Fernandes Takeover

My Worst Investment Ever Podcast

Play Episode Listen Later Jul 29, 2021 64:25

@tonyfernandes joined @therealashagill & @iamjasondesmond on #TheLITEBreakfast this morning!

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Jonathan Yabut – Don't Put Your Money in the Bank

Play Episode Listen Later Jul 27, 2021 20:03

BIO: Jonathan Yabut is the proud Filipino winner of the hit Asian reality TV show, The Apprentice Asia. Today, he is Asia's leading motivational speaker on topics involving leadership, talent development of Gen Y workers, and office productivity. STORY: Jonathan won $100,000 as the winner of The Apprentice. He took a large chunk of the money and left it sitting in the bank. He regrets never investing the money because it never made much from the bank. LEARNING: Your money won't grow if you put it in the bank. Ask questions to understand how an investment works. “Never hesitate to ask questions about your finances and investments.”Jonathan Yabut Guest profilehttps://www.linkedin.com/in/jonathanyabut/ (Jonathan Yabut) is the proud Filipino winner of the hit Asian reality TV show, https://en.wikipedia.org/wiki/The_Apprentice_Asia (The Apprentice Asia). For winning the show, he served for one year as Chief of Staff of AirAsia, reporting directly to Malaysian business mogul Tony Fernandes based in Kuala Lumpur. Today, he is Asia's leading motivational speaker on topics involving leadership, talent development of Gen Y workers, and office productivity. Worst investment everAs the winner of The Apprentice Asia, Jonathan got $100,000. That was quite a huge prize money for a 27-year-old. So apart from spending on things every millennial wants, such as shoes, travel, gadgets, he left a big chunk of it sitting in the bank. Jonathan's biggest regret now is that he never invested in investments such as stocks, bonds, money market, etc., way earlier. Had he invested that money as soon as he got it, it could have probably led to something more significant. Lessons learnedExpand your network and be around people who can nudge and advise you on where to invest your money and yield better returns. Never be ashamed of asking as many questions as you can, especially if you are entering or enrolling in a long-term investment. Andrew's takeawaysTake advantage of the many investment options available now. If you put your money in the bank, you expose yourself to the https://myworstinvestmentever.com/ep269-steve-anderson-make-successful-failures-like-amazon-and-protect-the-downside/ (shortfall risk) because it doesn't grow as it should. Actionable adviceNever be embarrassed if you don't know much about your finances and how it's going to be utilized. You need to ask as many questions as possible until you have a reasonably good understanding. No. 1 goal for the next 12 monthsJonathan's number one goal for the next 12 months is to diversify his assets further. [spp-transcript] Connect with Jonathan Yabuthttps://www.linkedin.com/in/jonathanyabut/ (LinkedIn) https://twitter.com/jonathanyabut (Twitter) https://www.facebook.com/AAJonathanYabut (Facebook) https://www.instagram.com/jonathanyabut/ (Instagram) https://jonathanyabut.com/ (Blog) Andrew's bookshttps://amzn.to/3qrfHjX (How to Start Building Your Wealth Investing in the Stock Market) https://amzn.to/2PDApAo (My Worst Investment Ever) https://amzn.to/3v6ip1Y (9 Valuation Mistakes and How to Avoid Them) https://amzn.to/3emBO8M (Transform Your Business with Dr.Deming's 14 Points) Andrew's online programshttps://valuationmasterclass.com/ (Valuation Master Class) https://academy.astotz.com/courses/how-to-start-building-your-wealth-investing-in-the-stock-market (How to Start Building Your Wealth Investing in the Stock Market) https://academy.astotz.com/courses/finance-made-ridiculously-simple (Finance Made Ridiculously Simple) https://academy.astotz.com/courses/gp (Become a Great Presenter and Increase Your Influence) https://academy.astotz.com/courses/transformyourbusiness (Transform Your Business with Dr. Deming's 14 Points) Connect with Andrew Stotz:https://www.astotz.com/ (astotz.com) https://www.linkedin.com/in/andrewstotz/ (LinkedIn) https://www.facebook.com/andrewstotzpage (Facebook) https://www.instagram.com/andstotz/ (Instagram)...

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Episode 47: On Challenging the F&B Industry Norms and playing the Long Game with Alex Bauduin, founder of YOLO Foods

another startup story with Karmen Tang

Play Episode Listen Later Jul 26, 2021 59:11

Alex was a candidate on The Apprentice Asia in 2013. After finishing third out of 30,000 applicants across Asia, Alex, who was then working for Louis Vuitton Moët Hennessy (LVMH) as the APAC Director for a leading liquor brand went on to work as the Head of Business Development for Tony Fernandes' Caterham Group. It was there where he experienced the hybrid of both the corporate and entrepreneurial world and found the motivation to kickstart his own meal plan business – YOLO. In this episode, we cover; Challenging F&B norms Pivoting during the pandemic Playing the long game in the start-up world The process of finding investors Nutrition and fitness Find another startup story Website: anotherstartupstory.com IG: @anotherstartupstory | @tangkarmen Facebook: facebook.com/anotherstartupstory Find Yolo Foods Website: yolofood.com.sg IG: @yolofoodsg Try YOLO foods and get 15% off with discount code “karmen15”. Only valid in Singapore.

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Épisode #38 - Bernard OLLIVIER - " Alpine A110, l'automobile qui n'aurait jamais dû voir le jour. "

Dans La Boîte à Gants

Play Episode Listen Later May 26, 2021 126:45

Bernard OLLIVIER est l'ex-CEO d'Alpine à qui l'on doit d'avoir dirigé le projet de renaissance de la marque dieppoise et sa mythique Alpine A110, deuxième du nom et livrée dès 2018.Cet épisode, c'est le parcours d'un homme, ingénieur de formation et ex-soixante-huitard qui rentra un peu par hasard ou du moins sans passion chez Renault en 1977. Avant en 2001 de reprendre la tête de Renault Sport pour devenir à son tour un mordu de ces objets à 4 roues qui nous font tant vibrer.Il nous raconte toutes ses années chez Renault Sport avec notamment le lancement des World Series en compétition. Ou encore, l'abandon du fameux projet W16 Buggy au profit d'un Kangoo coloré destinait aux surfeurs le Be Bop pour ceux qui s'en souviennent.Mais, ce qui vous intéressera sûrement encore plus à travers ce parcours hors du commun, c'est lorsqu'il se retrouve à la tête du projet Alpine en 2011 pour faire renaître la légendaire A110.Vous allez découvrir que cette auto n'aurait jamais dû exister tant elle est le fruit d'un réel alignement des planètes alors que tout portait à croire que ce serait un échec : du partenariat avec Caterham et son propriétaire Tony FERNANDES, de l'influence de Carlos TAVARES, des objectifs quasi inatteignables de Carlos GHOSN, du développement et ses nombreux rebondissements sans oublier les affaires judiciaires ou encore, l'aide d'un célèbre jeu vidéo… Cette auto qu'est l'A110 que vous connaissez tous désormais est une véritable miraculée !Bien entendu, nous avons aussi discuté du retour remarqué d'Alpine en compétition et notamment en endurance et bien nombreuses anecdotes tant cette auto est le fruit de la passion d'une équipe restreinte d'Hommes dont la motivation était inébranlable. Bref, comme le dit si bien Bernard, Alpine, c'est “ à l'arrache avec panache ! “. Et vous allez comprendre en quoi cette phrase prend tout son sens à travers cet épisode.Vous retrouverez toutes les coulisses du podcast sur la chaîne YouTube du podcast à travers les formats Vlog prochainement (j'ai hâte de vous présenter ce nouveau format). Il est possible d'ailleurs que vous nous retrouviez avec Bernard au volant d'une Alpine A110 de présérie et que vous appreniez de nouvelles histoires bien gardées. Pensez à vous abonner sur votre plateforme de podcast préféré et sur YouTube et à activer les notifications pour ne rien rater des prochains épisodes. Et découvrir tous ceux que vous n'avez pas encore écouté.Avant de débuter l'épisode, j'ai un petit service à vous demander, pour celles et ceux qui ne l'ont pas encore fait vous pouvez laisser un petit commentaire sur Apple Podcasts. Rien de plus simple, cela prend 2 secondes et c'est bien évidemment gratuit, il faut simplement un iPhone ou un Mac. Cela permet au podcast de gagner en visibilité et donc par conséquent de pouvoir convaincre des invités toujours plus incroyables de venir Dans La Boîte à Gants.____________________________________________________________________

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Ep 46: Azran Osman-Rani (CEO of Naluri Hidup; formerly CEO of AirAsia X & iFlix)

So This Is My Why

Play Episode Listen Later Apr 29, 2021 84:53

Azran Osman-Rani is one of Malaysia's most well-known CEOs & entrepreneur and in this STIMY episode, we cover his colourful & highly impressive career that has included being: * CEO and Co-Founder, Naluri Hidup (now) * CEO of iflix Malaysia. Dragon-Keeper of the Tao * CEO, AirAsia X Berhad * Senior Director, Business Development, Astro All Asia Networks plc * Senior Vice President, Kuala Lumpur Stock Exchange * Associate Partner, McKinsey & Company * Associate, Booz Allen & Hamilton But how did it all begin? *Childhood* Growing up with two professors for parents, Azran was always encouraged to speak up and speak out. This began when he was just 4 years old, where he would participate in adult conversations with his parents' visiting guests that other professors. *Stanford University* Azran eventually went to Stanford University to pursue a degree in electrical engineering although he did end up doing the barest minimum amount of engineering classes required. Instead, he ended up taking lessons in history, culture, psychology, economics, ballroom dancing and even sailing! After completing his masters, Azran ended up becoming a management consultant first at Booz Allen Hamilton, then McKinsey. He eventually left for Bursa Malaysia, which set him on his incredible path as an entrepreneur. Highlights: * 6:37: Studying at Stanford University before the dot com boom * 8:01: Ultimate frisbee * 13:45: Working at Booz Allen Hamilton * 14:25: Bombing his client presentation & being warned he would be kicked out if he repeated his performance * 14:25: Moving to Korea for work * 16:18: Earning the trust of his Korean clients * 20:28: Working to turn the Kuala Lumpur Stock Exchange from a nonprofit government linked organisation to a for-profit company (Bursa Malaysia) * 25:14: Phone call 1 that led him to Astro All Asia Networks * 27:06: His big failure at Astro, where he had to shut down their Indonesian business & letting go of 450 staff * 28:42: Phone call 2 from Tony Fernandes that led to him becoming CEO of AirAsia X * 30:16: AirAsia X's value proposition * 31:27: Building a sustainable airline business model * 36:47: Making the pitch of a lifetime to the European export credit agency to save AirAsia X * 39:34: Securing an upward flow of information * 47:06: AirAsia X's $15 million in-flight entertainment mistake * 50:47: Staying ahead of the competition * 51:47: Becoming CEO of iFlix * 54:13: Starting iFlix with a few people & laptops, but no product! * 56:14: How iFlix gained 1 million subscribers, 6 months after its launch * 1:00:03: Learning about Omada Health * 1:01:41: Launching Naluri Hidup * 1:02:59: Why Azran bet his kids' education, life savings etc. on Naluri Hidup * 1:07:00: The importance of localisation * 1:10:25: Educating the public about digital health * 1:11:10: Why Azran is a YouTuber & active content creator * 1:11:58: A life-changing car accident in May 2018 * 1:12:32: How Azran kept going & completed his Ironman 6 months after his brutal car accident! * 1:15:31: Fundraising before & during COVID-19 * 1:17:05: Azran's mirrors to deal with his confirmation bias

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Shoulders of the Greatest Minds That Ever Lived... with Dr John Demartini

Business, Wealth And Mindset Podcast

Play Episode Listen Later Apr 18, 2021 67:15

Anything that maximises human potential, evolving consciousness and helps people to do amazing things and lead inspiring lives is what interests Dr John Martini, world-renowned specialist in human behaviour, researcher, author and global educator. In this fascinating episode, he talks with Alex about how we are all needed in society and why the world needs everyone to make it work along with the unique heuristic values each individual lives by and how being honourable enough to have the courage to be yourself according to your highest value is what makes the difference. When you understand that setbacks are the seeds for comeback and that whatever we know there is an unknown beyond it you are truly on the journey to being where you want to be. KEY TAKEAWAYS Every human being lives by a set of priorities and values. Whatever is highest in an individual's set of values they are spontaneously inspired to fulfil Our purpose at any moment is an expression of our highest priority value There is no right or wrong value system everyone has a unique set of values Everybody is needed in society; the world needs everyone to make it work. Being honourable enough to have the courage to be yourself according to your highest value is very profound. If you change your perceptions you change your neurochemistry You can change the ratios of all of the neurotransmitters firing by asking questions to alter what you are thinking Motivation is a symptom not a solution for humanity You have to find out what is intrinsically valuable to the individual and give them feedback to structure their lives with high-value activities Every event can be viewed as an opportunity if you ask how is this helping me? Successful people see feedback as comeback and a way of moving forward It's about how committed you are in the long term not short term gratification Values and morality are always set by those with the most power. Your heuristic values determine how you spend your money and your financial destiny You need to structure your finances and then they will compound over time When you are pursuing what's important to you, it doesn't have to be at the exclusion of everything else. Whatever we know there is an unknown beyond it BEST MOMENTS ‘Setbacks are seeds for comeback' ‘It's not about what something is, it's about your perception of it' ‘If you change your perceptions your change your neurochemistry' VALUABLE RESOURCES Business, Wealth and Mindset podcast series Dr John Martini ABOUT THE GUEST Dr John Demartini is a world-renowned specialist in human behaviour, a researcher, author and global educator. He has developed a series of solutions applicable across all markets, sectors and age groups. His education curriculum ranges from corporate empowerment programs, financial empowerment strategies, self-development programs, relationship solutions and social transformation programs. His teachings start at the core of the issue, addressing the human factor and range out to a multitude of powerful tools that have proven the test of time. He has studied over 30,000 books across all the defined academic disciplines and has synthesized the wisdom of the ages which he shares on stage in over 100 countries. His presentations whether keynotes, seminars or workshops, leave clients with insights into their behaviour and keys to their empowerment. ‘I was blown away. Dr Demartini packages everything together so effectively. His storytelling is superb which illustrates his insightful knowledge. Basically, the man saves you the trouble of reading every book in the world ever written on psychology, economics, business, spirituality and relationships, actually everything. He has studied all these subjects for you and makes sense of it all in a user-friendly way unsurpassed by anyone else.' Damon Kalvari - Producer of 5FM Gareth Cliff Show. Dr Demartini has addressed public and professional audiences up to 11,000 people at a time across the world and shared the stage with some of the world's most influential people such as Sir Richard Branson, Stephen Covey, Steve Wozniak, Robert Kiyosaki, Tony Fernandes, Wayne Dyer, Deepak Chopra, Donald Trump and many more. From the thousands of testimonials he receives annually, Dr Demartini's work changes people's lives forever. ABOUT THEHOST Alex is a prize-winning chartered accountant with experience in financial markets from trading finance, capital hedging, structural foreign exchange and interest rates to operational risk from the world's top financial and advisory institutions including Deloitte, RBS and JPMorgan Chase Alex has been involved in property development programmes across different types since 2008, building and managing a portfolio that includes standard buy-to-lets, student accommodation and other houses in multiple occupancy (HMOs). He specialises in raising finance, providing potential investors, investors and joint venture partners with ad hoc (to their specific requirements), hands-free and hassle-free property investments solutions as well as coaching and mentoring Alex aspires to share business and financial knowledge with upcoming entrepreneurs and experienced business minds to learn and master the concepts and mindsets required to succeed, stand out, have the edge and make a difference. Alex is also a keen traveller, cyclist and photographer. CONTACT METHOD Facebook https://www.facebook.com/alexsapalaofficial/ Twitter - @alex_sapala https://twitter.com/alex_sapala You Tube https://www.youtube.com/channel/UCgZ1DCPGAu5c2yhOkfGZRSQ See omnystudio.com/listener for privacy information.

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MM EP.1074 | Tony Fernandes กับบทใหม่ของ Air Asia

Mission to the Moon

Play Episode Listen Later Mar 13, 2021 11:31

Tony Fernandes ผู้ริเริ่มสายการบินชื่อดัง Air Asia หนึ่งในธุรกิจที่ได้รับผลกระทบจาก Covid-19 มากที่สุด แต่ท่ามกลางวิกฤมากมาย Tony Fernandes มองว่ามันคือ จุดเริ่มต้นของการทำธุรกิจใหม่ ที่เปิดโอกาสให้เขาได้เรียนรู้และได้ลอง

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MM EP.1074 | Tony Fernandes กับบทใหม่ของ Air Asia

Mission to the Moon Podcast

Play Episode Listen Later Mar 13, 2021 11:31

Tony Fernandes ผู้ริเริ่มสายการบินชื่อดัง Air Asia หนึ่งในธุรกิจที่ได้รับผลกระทบจาก Covid-19 มากที่สุด แต่ท่ามกลางวิกฤมากมาย Tony Fernandes มองว่ามันคือ จุดเริ่มต้นของการทำธุรกิจใหม่ ที่เปิดโอกาสให้เขาได้เรียนรู้และได้ลอง

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An Entrepreneurial Masterclass - with Tony Fernandes

Inspire Podcast

Play Episode Listen Later Mar 2, 2021 75:50

In this very special show, John Lee is joined by Tony Fernandes, the CEO of AirAsia, and part owner of Queen's Park Rangers, for a masterclass discussion about entrepreneurship, success, and how to traverse the business world. KEY TAKEAWAYS Business is business, no matter what the sector. The founding principle is to maximise the top line, minimise the costs, and generate a good balance sheet with cash. By implementing the right culture, we lessen the work we have to do in attracting the top talent, as they begin to seek us out. All companies are built upon a great product. Too many times, people forget about marketing and branding, and yet the single most valuable thing you can do is to effectively invest in your brand. Technology has allowed an entry point into business for anyone. It has completely levelled the playing field. Ideas can be brought swiftly to fruition. There are no more barriers to entry. BEST MOMENTS 'I always had that feeling - that business is business' 'Becoming a leader is about surrounding yourself with people who are better at what they do than you are' 'You've really disrupted the disruptive' 'Surround yourself with great people' VALUABLE RESOURCES Tony Fernandes Twitter - https://twitter.com/tonyfernandes_?lang=en ABOUT THE HOST JOHN LEE John was born to Chinese parents who ran a takeaway in the north of England, where he helped out washing dishes from the age of eleven. He attended University, gaining a first class honours degree in Animation and began a career as an animator. By the age of twenty-seven, through careful investment, John had built up a highly lucrative property portfolio and was a self-made millionaire! Since then, John has inspired thousands of people through seminars and one-to-one mentoring, helping them to build successful businesses and receive global acclaim. He has developed an international reputation as a motivational speaker, sharing stages with the likes of Bill Clinton, Alan Sugar, Richard Branson, Jack Welch (former CEO of GE) and Randi Zuckerberg. John now divides his time between the UK and Asia, sharing his knowledge and inspiring others to take control of their lives the way he did. His motto in life is “Do what others don't and have a tomorrow that others won't!” For more information on John, visit www.wealthdragons.com See omnystudio.com/listener for privacy information.

Kisah Tony Fernandes Membeli AirAsia Seharga 1 Ringgit Malaysia

SiKutuBuku

Play Episode Listen Later Jan 7, 2021 9:56

Saya membahas kisah inspiratif dari Tony Fernandes, CEO dari AirAsia Group. Pada tahun 2001, Tony membeli AirAsia yang sedang terlilit hutang seharga 1 ringgit Malaysia. 16 tahun kemudian, AirAsia melayani 56,6 juta pelanggan ke lebih dari 120 destinasi. Percayalah pada hal yang mungkin sulit dipercaya, mimpilah pada hal yang mungkin terlihat tidak mungkin, dan jangan bilang tidak sebagai sebuah jawaban.

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S1 Ep7: QPR – The cautionary tale of reaching for the stars.

Football Uncovered

Play Episode Listen Later Jan 2, 2021 48:31

This week we look into the untold truths behind the rise and fall of QPR. One of the more recent cases of well meaning owners getting it wrong at the top of the English game. When F1 tycoons Bernie Ecclestone and Flavio Briatore handed the keys to Malaysian businessman Tony Fernandes, Ranger's fans thought the sky was the limit but that wasn't the case. Fernandes all starry eyed had his sights set on Champions League football with his ambitious Four Year Plan. We are talking huge transfers of Rio Ferdinand and Loic Remy, record breaking losses and undoubted ambition as we pull back the curtain at what has gone wrong at Loftus Road.

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RR E59 QPR Preview with R's vlogger DJ Ranger plus Bluebirds and Cherries Review

RAMS REVIEW

Play Episode Listen Later Nov 3, 2020 82:25

Jason and Cory sit down to discuss Derby County's upcoming match against Queens Park Rangers and are joined by QPR Vlogger DJ Ranger. We talk discuss the finances of QPR since relegation, how losing several key players has effected them and how Lyndon Dykes and Rob Dickie are doing (both were reported Derby transfer targets in the summer). We also get DJ's opinion on manager Mark Warburton and we discuss the ownership of Tony Fernandes (remember the documentary The Four Year Plan?). We also discuss QPR's indifferent start to the season. And as always, we give a score prediction. Then Jason and Cory discuss the recent results for Derby against Cardiff and Bournemouth, both of which ended in draws? Reasons for optimism? Thank you for listening! Get in touch with your questions or comments. On Twitter: @ramsreview1 ; Facebook: @ramsreviewpod and Email ramsreview@hotmail.com

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Creating Super App to Rival Gojek & Grab | #Endgame ft. Tony Fernandes (Part 3)

Endgame with Gita Wirjawan

Play Episode Listen Later Sep 20, 2020 24:19

Life comes full circle for Tony and AirAsia. The company was born out of the aviation industry calamity caused by the 9/11 disaster. It was one of the first airlines that utilized the internet and technology. Today with Covid-19 gripping the travel industry, his team is once again looking at new ways to evolve with tech—all with the spirit of creating a more connected and collaborative ASEAN.

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Life Has No Rewind Button | #Endgame ft. Tony Fernandes (Part 2)

Endgame with Gita Wirjawan

Play Episode Listen Later Sep 18, 2020 34:12

Storytime with "one ringgit man" continues. From being public enemy number one in a record label company to being disliked by the Singapore government. From discovering Indonesian superstar Krisdayanti through Asia Bagus, to bringing Southeast Asians closer together by urging open skies policy. Tony thought he had seen it all, but the rest of his legacy book with ASEAN is still unwritten.

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Air Asia Founder Talks Childhood Dreams | #Endgame ft. Tony Fernandes (Part 1)

Endgame with Gita Wirjawan

Play Episode Listen Later Sep 16, 2020 28:09

From boarding school to the boardroom, the founder of Asia's largest low-cost airline, Tony Fernandes, was an ambitious little boy. Many little stories and life events left an indelible impression on Tony, who is on a lifelong mission to level the playing field and take the ASEAN brand to a whole new altitude.

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Down to the Roots: Tony Fernandes and The Rotten Fruit Box

Heart of Waraba

Play Episode Listen Later Jul 29, 2020 12:47

If you visit Portugal, you'll find many charming farms and small orchards. The countryside here is dotted with villages like this: quaint and welcoming, surrounded by European greenery and the warm wind blowing in from the coast. Tucked into this beautiful landscape is a small company that sells to consumers in over 100 countries around the world, all based out of just a single warehouse and office. This small store is freeze-drying fruit from local farms that would otherwise go bad, hence its name: The Rotten Fruit Box. Behind this nearly-solo startup, is Tony Fernandes. Healthy freeze-dried fruit snacks delivered to your door (or office). They use 100% fruit, nothing else added, sourced from small farmers. They focus on reducing food waste by using "ugly" fruit that would not otherwise find its way to supermarkets. --- Support this podcast: https://podcasters.spotify.com/pod/show/heart-of-waraba/support

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Update #30 - Chinese Liquor, Air Asia Rehires, and Online Fans

East West Hurricane

Play Episode Listen Later Jul 20, 2020 3:29

Welcome to East West Hurricane! 🌪We update you on the most essential news from Asia in tech, media, and business—the things you need to know that you probably haven’t heard in Western media.Follow us on Twitter and Instagram! ⚡️Liquor Brand Kweichow Moutai Hurt by Corruption 🍶A few weeks ago, I wrote about how Chinese liquor brand Kweichow Moutai has become the most valuable alcohol company in the world with a market cap of $260 Billion. The company experienced significant growth in the first half of 2020 and served as a good illustration of the size of the Chinese market!Since that article, Kweichow Moutai has not been doing so well. Last week, the company lost $25 Billion in market cap after Chinese state publication People’s Daily wrote an article accusing Moutai of benefitting from corruption. The article referenced comments from Moutai’s former chairman Yuan Renguo, who acknowledged that liquor sales related to corruption are part of business. Yuan was since removed as chairman in May 2018 and arrested on corruption charges. In the past few weeks, several senior executives have also faced investigations relating to corruption. Moutai is still one of the top ten biggest companies in China, making this a major issue for the business community. AirAsia Rehires Workers For Agriculture E-Commerce 🌽AirAsia is one of the most successful low-cost carriers in Asia, owned by famous Malaysian entrepreneur Tony Fernandes. The Kuala Lumpur-headquartered company laid off 300 employees in June due to coronavirus-related financial difficulties. While this has been a rough situation for the company, AirAsia has been both creative and compassionate with their recently laid off employees.AirAsia has also launched an agriculture e-commerce platform called Ourfarm delivering fresh produce to Food & Beverage businesses. Many of the new employees at Ourfarm were former AirAsia employees who have now been rehired. This is an interesting pivot for an airline to get into agriculture e-commerce, which is definitely an industry growing more than airlines right now. AirAsia also benefits from being part of the Tune Group, the broader holding company founded by Tony Fernandes. Whether this new agri-business works for AirAsia or not, it required true determination and creativity.New Regulation for Young Online Fans 🚸The Cyberspace Administration of China is launching a new campaign to monitor the online activity of minors in China. This includes prohibitions against pornography, violence, and “inappropriate cartoons.” The campaign also targets young fans of virtual idols and influencers from engaging in certain behaviours. Internet culture in China can have some pretty intense, passionate young fans. Huge groups of fans under the age of 18 often purchase mass quantities of merchandise without having their own stable income or with aggressive influence from fan groups. Social media platform Weibo has started implementing new rules around fan management, after controversial examples of exploitation such as the fanbase of actor/singer Xiao Zhan using high-pressure sales tactics to mass purchase products and encourage users to file complaints. If you understand internet culture, you might see some parallels with the West. Internet watchdogs, especially in Europe, are looking at ways to regulate the behaviour of young people on the internet, who are often vulnerable to things like buying loot boxes for video games. No matter the regulation, people will always be able to influence, young impressionable internet users. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit eastwesthurricane.substack.com

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EP113 วันนี้กับ Tony Fernandes

กัปตันหมี มีเรื่องมาเล่า

Play Episode Listen Later Jun 9, 2020 21:40

EP113 วันนี้กับ Tony Fernandes 100 วัน 100 เรื่องราว วันที่ 51 เรื่องที่ 51 ผู้ชายที่ใช้ชีวิตอยู่ใกล้กับสิ่งที่เขารัก และลุ่มหลง จนวันหนึ่ง.. เขาสามารถที่จะสร้างสายการบิน จากสายการบินที่มีภาระหนี้สิน กว่า 300 ล้านบาท เป็นสายการบินต้นทุนต่ำ ระดับโลกที่มีกำไรเป็นหมื่นล้านบาท ต่อปีได้อย่างไร? มาฟังเรื่องราวของเขากันนะครับ กัปตันหมี

tony fernandes

Tony Fernandes - Piloting Through the Turbulence

ASB Podcast with Sarah-Ann Yong

Play Episode Listen Later May 24, 2020 24:38

In an exclusive interview with the ASB Podcast, Tony Fernandes gets candid about the challenges he faces as a leader and reveals insights on how he is navigating AirAsia Group through the COVID-19 crisis. Widely known as one of the largest low-cost carriers globally, Tony shares his vision to transform AirAsia Group beyond an airline company to become the next tech giant and how he is striving to uphold the company’s people-first culture in times of economic uncertainty. Tony Fernandes is the CEO of AirAsia Group, Co-Founder of Tune Group, and member of the Board of Governors at the Asia School of Business.

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Suthichai Podcast อุตสาหกรรมการบินในวิกฤตโควิด กับ Tony Fernandes CEO Air Asia

Suthichai Podcast

Play Episode Listen Later May 1, 2020

หลายๆ วงการ กล่าวว่า วิกฤตโควิดครั้งนี้สายการบินจะไม่เหมือนเดิม " ผมไม่คิดแบบนั้น ทุกครั้งที่ผ่านมา วิกฤตก็เจอมาแล้ว แล้วทุกคนก็จะพูดทำนองนี้ทุกครั้ง ซาร์ส ก็เจอมาแล้ว ซึนามิ ระเบิดที่บาหลี หรือจะเป็นภูเขาไฟระเบิดก็ตามแต่ทุกครั้งก็รอดกับมาเหมือนเดิมได้ และที่สำคัญผมมั่นใจในอาเซียน รวมถึง จีน อินเดีย ประชากรหลายพันล้าน ตลาดยังมีอยู่ และคนก็ยังอยากจะเดินทาง " --------------------------- Tony Fernandes CEO Air Asia

airasia tony fernandes

Episode #231: The Big Bash

Motorsport101

Play Episode Listen Later Feb 16, 2020 135:23

The gang returns to review a bumper pair of F1 races, as well as yet another massive F1 adjacent scandal! THE NEWS - MotoGP: Yamaha commits to the future, signing Quartararo to partner Viñales in 2021 and beyond, Rossi to decide future later; Lorenzo rejoins as test rider (perhaps as a wildcard?); THE AMERICANS ACTUALLY GET A REAL TV DEAL - Formula 1: Lawrence Stroll buys into Aston Martin, bringing the AM name to F1 in 2021 in place of Racing Point; The Great Mercedes Quit Story that Wasn't; Aitken leaves Renault for Williams; (Tony Fernandes in trouble and its not QPR-related?) - IndyCar: Scott McLaughlin confirms Indy GP debut at Penske; Tony Kanaan announces IndyCar farewell tour and splits Foyt's #14 with Bourdais and rookie Kellett; Everyone's Favourite Driver Gets the VS-Coyne Seat; Honda shuts down proposed Andretti-Alonso tie-up - Junior Formula Roundups: F2 - Lundgaard to ART; F3 - Piastri @ Prema, Matteo Nannini @ Jenzer, Kari, D. Schumacher, Fraga @ Charouz; Indy Lights - Kirkwood @ Andretti, Santi @ HMD (fmr. Team Pelfrey); 14-yos Montoya and Noda prepare for F4 debuts - WSBK Portimao tests and Rev Limits - Formula E: Sanya ePrix suspended and postponed due to Coronavirus; Series reveals its Gen 2 Evo kit TRANSITION TO THE WINTER SPORTS CAR DASH - LMDh is here! Convergence is here! TOYOTA 415S APPRECIATOR05/02/2020 THE WINTER SPORTS CAR DASH PT. I: DAYTONA "TWENTY FOUR HOURS!" - Wayne Taylor Racing Cadillac does it again - Kamui, Dixon, Briscoe and vd Zande set distance record en route to victory - Mazda Team Joest finally sees the chequers - but also involved in race's clumsiest wreck - IT'S BIG BOY SEASON IN GTLM - BIG M8 wins again! (Mostert, Farfus, Edwards, Krohn) - Hanley and Newey lead DragonSpeed to LMP2 victory - Battle of the mid-engined VAG cars, Lambo wins 3 in a row in GTD THE WINTER SPORTS CAR DASH PT. II: BATHURST 12 HOUR - ROO CREW CROSSING - Bentley Team M-Sport finally overcomes Bathurst demons, wins the 12 Hour with Gounon, Pepper, Soucek - Attrition during - and even well before - the race - McLaren 2nd, 888 Mercedes 3rd after GruppeM pinged for pitwork infraction THE FORTNIGHT AHEAD: F1 car launches, Mexico City ePrix

Market Wrap, Jan 16: Sensex hits Mt 42K; midcaps outperform

Business Standard Podcast

Play Episode Listen Later Jan 16, 2020 4:04

The benchmark indices scaled fresh lifetime highs today supported by gains in heavyweights such as Reliance Industries, HDFC Bank, Hindustan Unilever, and Bharti Airtel. Ending over a year-long trade war, the signing of the US-China trade deal, too, fueled investment appetite. The S&P BSE Sensex mounted the crucial 42,000-mark in the intra-day trade today and continued its run to hit a high of 42,059.45. The index, however, closed at 41,932.56 level, up 59.83 points or 0.14 per cent. At close, Nestle, Bharti Airtel, and HUL (1.5 per cent) were the top gainers at the 30-share index, while NTPC, Tech M, and Tata Steel were the top laggards. Nestle India hit a new all-time high of Rs 15,399 after gaining 3.5 per cent on the BSE today amid expectations of another good quarter. The packaged foods company, which is scheduled to announce its Q4CY19 results on February 13, 2020, surpassed its previous high of Rs 15,147, recorded on October 31, 2019. The stock closed 3.23 per cent higher at Rs 15,347. A sharp surge in stock price has seen the company's market capitalisation balloon to near Rs 1.5-trillion mark. Currently, Nestle India stands at 20th position in the overall ranking of listed companies with a market cap of Rs 1.47 trillion, BSE data shows. On the NSE, the broader Nifty50 index hit a fresh high of 12,389.05-mark. The index, eventually, settled at 12,355.50-mark, up 12.20 points or 0.099 per cent. All the key sectoral indices closed the day with gains, except Nifty Metal index that slipped 1.32 per cent on profit booking. On the upside, the Nifty FMCG index hit a 2 month high of 31,508 points in the intra-day today as fast-moving consumer goods companies were trading actively on the index on expectations of recovery in demand. The index, which hit its highest level since November 15, 2019, settled 0.24 per cent higher on the NSE. That apart, Thursday turned out to be another day for outperformance for the broader markets. The S&P BSE small-cap index surged nearly 1 per cent in the intra-day trade today before settling 0.78 per cent higher at 14,647.54. The S&P BSE mid-cap index, on the other hand, ended at 15,625.23 level, up 0.77 per cent. It had gained 0.9 per cent in the intra-day trade. In company-specific news, senior executives of AirAsia including CEO Tony Fernandes have been summoned by the Enforcement Directorate in connection with a money laundering case. The ED probe is related to allegations that the airline tried to manipulate government policies through corrupt means to get the international licence for its Indian venture AirAsia India Limited. Here's how the global markets performed today: World stocks inched ahead to a record high on Thursday after the United States and China signed an initial deal to defuse their 18-month trade war. MSCI’s broadest index of world stocks firmed 0.03 per cent in Asia, while its index of Asia-Pacific shares outside Japan rose 0.13 per cent. Japan’s Nikkei rose 0.14 per cent while mainland China’s Shanghai Composite index was almost flat. The pan-European STOXX 600 index was up 0.1 per cent.

Tatas to control AirAsia India: Story behind

Business Standard Podcast

Play Episode Listen Later Dec 25, 2019 4:05

From now onwards, all the core operations, including commercial, finance, training and operations of AirAsia India will be directed independently by Tata Sons, not its Malaysian parent, AirAsia Berhad, holding 51 and 49 per cent shares respectively. This happened after both companies agreed to amend a controversial brand licensing agreement, which was signed in 2013, and handed power and rights to use the AirAsia brand. However, it was mired in controversy as key decisions needed approval from the parent. Besides, this also raised concerns that the daily management was being handled by foreign nationals. India’s civil aviation regulations mandate the effective control of airlines jointly owned by Indian and foreign entities lie with the Indian firm. People in the know said both entities were finalising the revised agreement. A draft agreement submitted to the Ministry of Civil Aviation and reviewed by Business Standard says that sales and distribution, revenue management, network planning, catering and in-flight services, finance and corporate finance, customer experience, engineering, and leasing contracts will now be under the sole discretion of AirAsia India. These require approval from the parent under the present agreement. A spokesperson of AirAsia Berhad directed the queries to the Indian unit, but the AirAsia India spokesperson refused to comment. In case you don’t know, AirAsia Berhad has similar agreements with the other three affiliates — Thai AirAsia, Philippines AirAsia, and Indonesia AirAsia. These, along with AirAsia India, pay annual fees for using the AirAsia brand. In view of this recent move, a Tata group executive said and I quote “Earlier, a lot of core functions such as revenue management, sales, and leasing needed expertise of the joint venture partner, but now the airline is fully capable of handling the functions.” The Tatas have already appointed key executives from its group firms in Air Asia India. In 2018, it appointed Tata lifer Sunil Bhaskaran as chief executive. Last month, it appointed Titan’s Vikas Agarwal as chief financial officer. And has appointed Tata Steel executive Ranganathan R advisor to the CEO, recently. The commercial unit now has a full-fledged office at Gurugram and has established a crew training unit at Bengaluru. Recently, it appointed former IndiGo executive Ankur Garg as chief commercial officer. However, people in the know said the Tatas sought the amendment after being nudged by the aviation ministry, which is yet to give its nod for the airline’s foreign operations. The Delhi High Court had also ordered an investigation by the Directorate General of Civil Aviation (DGCA) in 2017, following which the DGCA had given it a clean chit. The Central Bureau of Investigation (CBI) had, on May 29, raided the offices of AirAsia India. This was after it had filed a complaint against Tony Fernandes and others on May 28 for allegedly lobbying with the government for overseas flight permits and violating rules preventing foreign airlines from controlling Indian operators. Despite having more than 20 aircraft, the carrier is waiting for permission to fly abroad as government officials remain cautious... To know more, listen to this podcast

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ATP500: A Story of Scorpions, Spin Bikes and Billionaires

Play Episode Listen Later Sep 27, 2019 55:18

Discover more tech podcasts like this: Tech Podcast Asia. Produced by Pikkal & Co - Award Winning Podcast Agency. Enjoy this special celebration for the 500th episode of Asia Tech Podcast. I share the highlights and memorable moments of my podcast journey including the time I ate a scorpion, talked to 2 billionaire entrepreneurs (Rod Drury and Tony Fernandes), and recorded episodes on a bike, in a rice field, at the airport and on the airplane. It's been a wild adventure, thank you for your support and feedback. Here's to 500 more episodes.

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500: A Story of Scorpions, Spin Bikes and Billionaires | Asia Tech Podcast

billionaires bikes scorpions tony fernandes rod drury asia tech podcast

Play Episode Listen Later Sep 26, 2019 55:18

Enjoy this special celebration for the 500th episode of Asia Tech Podcast. I share the highlights and memorable moments of my podcast journey including the time I ate a scorpion, talked to 2 billionaire entrepreneurs (Rod Drury and Tony Fernandes), and recorded episodes on a bike, in a rice field, at the airport and on the airplane. It’s been a wild adventure, thank you for your support and feedback. Here’s to 500 more episodes.

500: A Story of Scorpions, Spin Bikes and Billionaires | Asia Tech Podcast

Asia Tech Podcast New Episodes

Play Episode Listen Later Sep 26, 2019 55:18

Enjoy this special celebration for the 500th episode of Asia Tech Podcast. I share the highlights and memorable moments of my podcast journey including the time I ate a scorpion, talked to 2 billionaire entrepreneurs (Rod Drury and Tony Fernandes), and recorded episodes on a bike, in a rice field, at the airport and on the airplane. It’s been a wild adventure, thank you for your support and feedback. Here’s to 500 more episodes.

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#1 Andrew Ongso & Tony Fernandes

A Conversation With Yasa Singgih

Play Episode Listen Later May 22, 2019 73:00

Andrew Ongso (andrewongso06) , seorang anak muda kelahiran tahun 2000 yang tinggal di Medan dan kini menjalani kehidupannya sebagai seorang pengusaha sekaligus mahasiswa, menceritakan pengalaman uniknya bertemu dan berteman dengan salah satu konglomerat Malaysia, Tony Fernandes (CEO Air Asia)

malaysia medan tony fernandes

ATP485: Tony Fernandes, Group CEO of AirAsia

Play Episode Listen Later Apr 16, 2019 40:08

Discover more tech podcasts like this: Tech Podcast Asia. Produced by Pikkal & Co - Award Winning Podcast Agency. Tony Fernandes is the CEO of AirAsia and one of the most recognizable business leaders in the region. He is outspoken, a maverick and often treads (in his own words), "a fine line between brilliance and stupidity". By his own admission, some of his business bets haven't paid off - taking over a Formula One team and a football club. But others certainly have. His net worth is estimated at $745 million. Behind his success is a story of taking huge risks - he bought AirAsia for 1 Malaysian Ringgit when nobody else saw its potential value when only 6% of Malaysians were flying. To Tony, that meant 94% of the market was untapped. He soon turned it around, growing the airline from 2 to 200 planes and reporting a profit within a year. Many know of the AirAsia success story but what and who made it possible? In this podcast, Tony shares insights into his own backstory that continue to shape his business career today - from a Tupperware selling Mum "who could sell ice to eskimos" to a Dad who withheld praise on young Tony's successes. Then there's those maverick tendencies. When you get thrown in the deep end you either sink or learn to swim very fast. His scrappy nature goes way back to the day his father packed him off on a plane at Sebang airport. Unknown to Tony, he was heading to Heathrow airport to start a new life in boarding school in the UK - a teenager, alone in an unfamiliar world. Surviving these ordeals as a kid imbues any adult with a sense of confidence in business. What's the worst thing that can happen? Tony also shares insights about his journey never before discussed in public media - from his first encounters in the UK - to how these experiences impacted his belief in the importance of talent and diversity within AirAsia.

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ATP484: How We Recorded The Tony Fernandes Podcast

Play Episode Listen Later Apr 16, 2019 42:32

Discover more tech podcasts like this: Tech Podcast Asia. Produced by Pikkal & Co - Award Winning Podcast Agency. Tony Fernandes is CEO of AirAsia and one of Asia's most well known business leaders. Like many A-List Business celebrities, everyone wants a piece of him. That's why getting Tony Fernandes on as a guest for Asia Tech Podcast wasn't easy. It took 8 months of planning, numerous rescheduling (we even had our flights booked on one occasion) and a lot of patience. But, T-Day (Tony Day) finally came round and we packed our studio into cases and took a flight (AirAsia of course) to Kuala Lumpur to meet Tony himself. In this podcast we discuss what it took to finally land the podcast with Tony and the equipment we used. We've recorded over 200 podcasts together in studio and on the road for Asia Tech Podcast - so we've stress tested a lot equipment. If you're curious about podcast tech then check our our Road Studio Cheat Sheet here->www.thepodcast.show/podcast-cheat-sheet/

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485: Tony Fernandes, Group CEO of AirAsia | Asia Tech Podcast

ceo uk dad surviving unknown mum formula one tupperware heathrow airport group ceo airasia malaysians tony fernandes asia tech podcast

Play Episode Listen Later Apr 15, 2019 40:09

Tony Fernandes is the CEO of AirAsia and one of the most recognizable business leaders in the region. He is outspoken, a maverick and often treads (in his own words), “a fine line between brilliance and stupidity”. By his own admission, some of his business bets haven’t paid off - taking over a Formula One team and a football club. But others certainly have. His net worth is estimated at $745 million. Behind his success is a story of taking huge risks - he bought AirAsia for 1 Malaysian Ringgit when nobody else saw its potential value when only 6% of Malaysians were flying. To Tony, that meant 94% of the market was untapped. He soon turned it around, growing the airline from 2 to 200 planes and reporting a profit within a year. Many know of the AirAsia success story but what and who made it possible? In this podcast, Tony shares insights into his own backstory that continue to shape his business career today - from a Tupperware selling Mum “who could sell ice to eskimos” to a Dad who withheld praise on young Tony’s successes. Then there’s those maverick tendencies. When you get thrown in the deep end you either sink or learn to swim very fast. His scrappy nature goes way back to the day his father packed him off on a plane at Sebang airport. Unknown to Tony, he was heading to Heathrow airport to start a new life in boarding school in the UK - a teenager, alone in an unfamiliar world. Surviving these ordeals as a kid imbues any adult with a sense of confidence in business. What’s the worst thing that can happen? Tony also shares insights about his journey never before discussed in public media - from his first encounters in the UK - to how these experiences impacted his belief in the importance of talent and diversity within AirAsia.

484: How We Recorded The Tony Fernandes Podcast | The Podcast Show

Asia Tech Podcast New Episodes

Play Episode Listen Later Apr 15, 2019 42:32

Tony Fernandes is CEO of AirAsia and one of Asia’s most well known business leaders. Like many A-List Business celebrities, everyone wants a piece of him. That’s why getting Tony Fernandes on as a guest for Asia Tech Podcast wasn’t easy. It took 8 months of planning, numerous rescheduling (we even had our flights booked on one occasion) and a lot of patience. But, T-Day (Tony Day) finally came round and we packed our studio into cases and took a flight (AirAsia of course) to Kuala Lumpur to meet Tony himself. In this podcast we discuss what it took to finally land the podcast with Tony and the equipment we used. We’ve recorded over 200 podcasts together in studio and on the road for Asia Tech Podcast – so we’ve stress tested a lot equipment. If you’re curious about podcast tech then check our our Road Studio Cheat Sheet here->http://www.thepodcast.show/podcast-cheat-sheet/

ceo kuala lumpur airasia tony fernandes asia tech podcast

485: Tony Fernandes, Group CEO of AirAsia | Asia Tech Podcast

Asia Tech Podcast New Episodes

Play Episode Listen Later Apr 15, 2019 40:09

Tony Fernandes is the CEO of AirAsia and one of the most recognizable business leaders in the region. He is outspoken, a maverick and often treads (in his own words), “a fine line between brilliance and stupidity”. By his own admission, some of his business bets haven’t paid off - taking over a Formula One team and a football club. But others certainly have. His net worth is estimated at $745 million. Behind his success is a story of taking huge risks - he bought AirAsia for 1 Malaysian Ringgit when nobody else saw its potential value when only 6% of Malaysians were flying. To Tony, that meant 94% of the market was untapped. He soon turned it around, growing the airline from 2 to 200 planes and reporting a profit within a year. Many know of the AirAsia success story but what and who made it possible? In this podcast, Tony shares insights into his own backstory that continue to shape his business career today - from a Tupperware selling Mum “who could sell ice to eskimos” to a Dad who withheld praise on young Tony’s successes. Then there’s those maverick tendencies. When you get thrown in the deep end you either sink or learn to swim very fast. His scrappy nature goes way back to the day his father packed him off on a plane at Sebang airport. Unknown to Tony, he was heading to Heathrow airport to start a new life in boarding school in the UK - a teenager, alone in an unfamiliar world. Surviving these ordeals as a kid imbues any adult with a sense of confidence in business. What’s the worst thing that can happen? Tony also shares insights about his journey never before discussed in public media - from his first encounters in the UK - to how these experiences impacted his belief in the importance of talent and diversity within AirAsia.

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484: How We Recorded The Tony Fernandes Podcast | The Podcast Show

ceo kuala lumpur airasia tony fernandes asia tech podcast

Play Episode Listen Later Apr 15, 2019 42:32

Tony Fernandes is CEO of AirAsia and one of Asia’s most well known business leaders. Like many A-List Business celebrities, everyone wants a piece of him. That’s why getting Tony Fernandes on as a guest for Asia Tech Podcast wasn’t easy. It took 8 months of planning, numerous rescheduling (we even had our flights booked on one occasion) and a lot of patience. But, T-Day (Tony Day) finally came round and we packed our studio into cases and took a flight (AirAsia of course) to Kuala Lumpur to meet Tony himself. In this podcast we discuss what it took to finally land the podcast with Tony and the equipment we used. We’ve recorded over 200 podcasts together in studio and on the road for Asia Tech Podcast – so we’ve stress tested a lot equipment. If you’re curious about podcast tech then check our our Road Studio Cheat Sheet here->http://www.thepodcast.show/podcast-cheat-sheet/

242: How Tony Fernandes Bought an Airline for Under $1 and Made it a Leading Carrier

Foundr Magazine Podcast with Nathan Chan

Play Episode Listen Later Mar 20, 2019 43:52

Tony Fernandes has worn many hats over the course of his decades-long career. And if the Group CEO of AirAsia (and former host of The Apprentice Asia) ever finds himself dissatisfied with a signature look, he’ll just invent a new one. “You have to keep renewing yourself,” Fernandes says. “You’re only as good as tomorrow.” That philosophy undergirds Fernandes’s entire career trajectory. Before starting what is now one of the world’s most successful budget airlines, Fernandes was an accountant, working briefly for the likes of Virgin Atlantic and Virgin Communications. He then reinvented himself within the music business, where he served as a Warner Music executive in Malaysia. Fernandes’s latest reinvention is his biggest, and most complex. He’s the co-founder and Chairman of Tune Group, a conglomerate of hotel, automotive, financial services, education, media, and telecommunications industries subsidiaries. And he sits at the helm of AirAsia, a budget, no-frills airline that has revolutionized travel in Southeast Asia. After purchasing the then-bankrupt airline for a shocking 24 U.S. cents, Fernandes has grown the brand to a net worth of more than $1.5 billion. AirAsia is now the fourth-largest airline in Asia, behind only the big Chinese carriers (in 2017, AirAsia flew over 90 million passengers), and it recently embarked on an ambitious program that will see the airline transform itself into a travel technology company. To hear Fernandes tell it, two primary factors differentiate AirAsia from other companies. For starters, the company has always embraced digitization. And secondly, the organization is built on inclusivity and creating a fantastic work culture. Here’s how Fernandes has leveraged those strengths to build a company that no one thought possible. Pursuing a Childhood Dream In 2001, during Fernandes’s more than decade-long stint in the music business, digital advancements began to threaten deeply entrenched industry norms. Fernandes spotted an opportunity, but his colleagues weren’t so keen on the digital revolution. “Napster had come along and Spotify was just starting, and I thought, ‘Wow, this is super exciting for the music industry,’” Fernandes says. “But I was a lone voice.” No one at Warner Music or Time Warner Inc. (where Fernandes was working at the time) thought it was a good idea. “They thought the internet would destroy music,” Fernandes says. “My premise was that we can’t hold technology back and that this was a fantastic distribution model to create more revenue.” But his vision didn’t gain traction, and when Time Warner merged with AOL, he decided to bid adieu to his music industry career. He was sitting in a bar in London, trying to figure out what to do next with his life, when he saw mention of the budget airline easyJet on the pub’s TV. Fernandes instantly recalled his childhood love of planes. “Always from a very young age, I’d told my dad, ‘I’m gonna own an airline one day,’” he says. “That’s one of those things you say, but you’re not entirely sure you’re gonna do. But I always said it. And so I thought, ‘Well, this could be the time.’” It might seem like a bold move for a music industry exec to presume he could run an airline, but Fernandes was motivated by one simple premise: YOLO. “I thought… ‘You only live once,’” he says. “If I fail, I fail. It’s okay. I’ll go get a job doing something else. But I don’t want to sit there at 55 and say, ‘I wish I did it.’” Fernandes’s idea gained further traction after he started studying the models of low-cost airlines such as RyanAir. (RyanAir’s then-Director of Group Operations would later become a shareholder of Fernandes’s airline.) Inspired by what he refers to as an “amazing concept,” Fernandes gathered up some partners and returned to Malaysia for a meeting with the Prime Minister. The Prime Minister agreed to let Fernandes and his partners into the airline industry, but only if they purchased an existing airline. As a result of some devastating circumstances, there were a lot of opportunities. Fernandes was looking to purchase an airline around the time of the September 11, 2001 terrorist attacks, which had sent the industry reeling. He ended up purchasing AirAsia, a Malaysian government-owned airline that was $11 million in debt, for a grand total of 24 U.S. cents. Driving Growth After purchasing AirAsia, Fernandes knew he had to move fast. “It was very clear to me once we started moving that…I was going to put the foot to the accelerator because there were some big around me,” Fernandes says. “When you have something, scaling up is important.” Luckily, Fernandes spotted multiple avenues for growth. For starters, he knew that at the time he acquired AirAsia, only 6 percent of Malaysians flew. If he could capture even a portion of the other 94 percent, he’d be in business. What’s more, he was willing to fly to places that most airlines didn’t go. “A lot of our growth has come from destinations that no one did before,” he says. But perhaps AirAsia’s biggest differentiator was its use of the internet at a time when, globally, many still weren’t online. “Back in 2001, most people didn’t even have internet yet,” Fernandes says. “But I said, ‘Trust me, when I put a fare at 2 dollars, people are going to find their way to the internet.’” Since then, AirAsia has been religious about tracking and keeping data. So when huge brands started to embrace digitization many years later, they were already ahead of the game. Still, Fernandes knew he was at a disadvantage, due to his lack of industry knowledge, so he accelerated his learning to ensure he could continue AirAsia’s rapid growth. He sat down with engineers, pilots, simulators, and cabin crews; learned how to change a wheel; and generally threw himself into understanding the intricate workings of planes and airlines. “I was a sponge,” Fernandes says. “I took everything in.” A strong focus on innovation, learning, and growth helped Fernandes and his team make up for what they lacked in capital. “Let’s be real, three guys from the music business coming in to start an airline is not the most convincing business ,” Fernandes says. “No bank gave me a cup of coffee. Did we want capital? Of course. But we didn’t have it. But again…we built a massive airline with very little capital.” In fact, AirAsia only raised one round—$30 million around year three—before launching its initial public offering (IPO). “I’m old-fashioned in that aspect,” Fernandes says. “I believe in cash. I believe in making some profit. If you have a model where you can make money, make money. And of course reinvest some of that money, which we did.” Much of that money went into flying to new places. “The product was going places that no one else wanted to go,” Fernandes says. “We couldn’t stand still… kept adding routes and new destinations.” While the airline continues to add new destinations, today it’s equally focused on developing a multi-pronged digital strategy. The organization is digitizing all of its processes to enhance efficiency and the customer experience. It’s also attempting to create a comprehensive travel ecosystem that will enable users to book train tickets, purchase concert or other event tickets, use financial services, and so on, all from one central hub. “We’re using and building platforms that will provide more value to my customers…and it’s an exciting vision,” Fernandes says. “There’s a huge potential if we can execute well.” That execution hinges on a top-notch team working cohesively and effectively. Luckily, Fernandes has been building that since day one. Building a Dynamite Culture “Culture is, I think, the most important thing in the success of AirAsia,” Fernandes says. Fundamental to that culture is a bedrock of transparency and trust—even among 24,000 staff. “It is by complete choice that we’re open plan,” Fernandes says. “When you have an office, you have all these invisible walls. … So one day I just came in and smashed all the offices. I brought a contractor in and just tore them all down. And we’ve been open-plan ever since.” In keeping with the open office concept, AirAsia also employs a fairly flat organizational structure. “I like to think we utilize everyone’s brain,” Fernandes says. “We put everyone…in the same building. Everyone eats in the same place, everyone goes to the same gym. I want people who believe they can do a lot more and grow in this company.” This spirit of inclusivity extends to diversity. “We embrace diversity,” Fernandes says. “We don’t care what race, creed, color, sexual orientation you are. And I think that’s a strength. Because that gives us a huge diversity in our workplace, and a huge ability to attract great talent and great ideas. … I wanna have a fantastic, multi-ethnic, diverse company, and I think we’re not far from that.” Of course, when you’re dealing with a team of 24,000 people, it’s easy for bureaucracy to rear its ugly head. “We got big, and politics and bureaucracy creep in,” Fernandes says. “But it’s not something I’m gonna run away from. I confront it because bureaucracy and politics is the cancer of any organization” One strategy the team uses to confront bureaucracy is simply having fun. “I think too many business leaders take life too seriously,” Fernandes says. “Too many entrepreneurs get too stressed. Have a balance. You don’t have to work 18 hours a day. Make sure you give time to your family and your kids and your friends.” In Fernandes’s view, this juggling act is worth it in pursuit of building a great team. “You’ve gotta surround yourself with good people, and you’ve gotta be prepared to listen,” he says. “Too many founder CEOs think they know it all. … You can have all the ideas you want in the world, but the execution is what it’s about, and you need a good team.” Luckily, developing a great team has always been fundamental to Fernandes’s vision for AirAsia. “My vision was to create a great place to work—a fair place to work, where it didn’t matter whether you…had money or a great education, but if you had a great brain and you had the will and belief, you could achieve anything in this airline,” he says. “To turn a raw diamond into a diamond—and we have so many of those. … If you really push me, it’s allowing a lot of my staff to live their dreams—that would be something I’d be most proud about.” That spirit of affirmation and inclusivity extends from AirAsia’s team members to its customers. In spite of the many ways that Fernandes and his airline have reinvented themselves over the years, the company’s slogan has remained the same since Fernandes first developed his vision all those years ago: Now everyone can fly. 5 Mini-Lessons in Entrepreneurship from Tony Fernandes Spend Money on Branding and PR “Great ideas are great ideas…only people know about them,” Fernandes says. “Too many businesses don’t spend enough on branding and marketing. Keep a budget for that.” Always Be Reinventing “The world is littered with products that didn’t reinvent themselves,” Fernandes says. For example, he references Nokia. “Who believe a world without Nokia phones? They were it.” Today, of course, the phone landscape is very different. Balance Focus With Innovation. “You have to live within your means and live within your resources,” Fernandes concedes. “But you also can’t stand still. It’s a balance. But life is a balance. Everything you do is a balance.” Don’t Worry so Much About Failure “Failure doesn’t worry me, because I’d rather fail than not try at all,” Fernandes says. “Many people are too worried about failing, so they don’t do anything. I’ve had many failures… I don’t have any regrets, because if I didn’t try I didn’t know.” Go With Your Gut “You can do all the marketing research you want,” Fernandes says. “You just gotta go with your heart sometimes and do it.” Key Takeaways Tony’s background in the music industry and how he wound up interested in airlines The wild story behind how he purchased AirAsia for 30 Australian cents The fundamental growth strategies he used on AirAsia His thoughts on funding AirAsia’s digital strategy On expanding your product line and trusting your gut AirAsia’s culture and why he thinks it’s the single most important factor in their success His advice on building a founding team How he came to host The Apprentice Asia His thoughts on personal branding as a CEO or founder How he views failure

Tony Fernandes Six Months On

six months qpr tony fernandes

Play Episode Listen Later Feb 6, 2019 42:35

It's been half a year since club Chairman Tony Fernandes handed over the reigns to Amit Bhatia. What's changed? How is his role different? And how does he assess QPR now that he has (supposedly) taken more of a backseat? He answers these questions and more in a candid chat recorded just before the Pompey game Find us online at www.qprpod.co.uk on twitter twitter.com/QPRPod and facebook www.facebook.com/qprpod

#21 - Matt O'Leary, Chief Partnership Officer at Carrot Rewards

Accounted For

Play Episode Listen Later Dec 19, 2018 54:21

Join in for a conversation with Matt O'Leary. Matt is the Chief Partnership Officer at Carrott Rewards. Carrott Rewards is an app that helps people meet their personal health and fitness goals using a habit based system. Matt has had an international journey starting in PR and Lobbying in London, UK then moving over to Singapore then creating a venture lab for the billionaire Air Asia founder and ex-virgin executive Tony Fernandes in Kuala Lumpur, Malaysia. He then returned to Canada to continue his journey in the startup ecosystem by focusing on business development roles and we actually go through what business development is and just how his lobbying for international government organizations and product management led to how he leads partnerships at Carrot.

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Strategies For Building Sustained Trust From The World’s Leading Airlines

Invincible Brand with Melissa Agnes

Play Episode Listen Later Oct 23, 2018 38:43

Shashank Nigam, author of Soar and CEO of Simpliflying, joins the Invincible Brand Podcast to share some powerful strategies on how today’s leading airlines have managed to build sustainable trust – and how that serves them when undesirable incidents risk occurring. About this episode The airline industry is tough. The risks are exponential; profit margins are difficult to maintain; the general public is critical, emotional, and has the ability to instil a world of impact on brand equity and reputation; regulatory compliance is strict and severe… and the list goes on. And yet, there are some airlines out there that just simply get it. These airlines continue to do phenomenal work in creating brands that deliver an experience and put people first, fostering a culture that aspires to achieve brand invincibility and works proactively towards this objective every day. Fortunately for the rest of us, there are so many crisis ready lessons and strategies that can be taken from these airlines and adapted into your own organization, no matter its industry. In this week’s episode of the Invincible Brand Podcast, Shashank sat down with me to discuss the strategies, mindsets, and crisis management failures and successes that he has seen in his work with over 90 of these airlines over the past several years. This episode explores: What the strongest, most profitable, and beloved airlines have in common-and what you can learn from their success and strive for invincibility. Why achieving brand invincibility should be aspirational. How the CEO of AirAsia, Tony Fernandes, single-handedly raised the bar for airline crisis management, and the important lessons you can learn from his decisions and actions. A fascinating example of how a stagnant crisis management plan hindered Thai Airways’s chance to effectively manage an issue. Links mentioned in the episode: Order a copy of Soar More on Thai Airways’s issue management fail. Shashank’s daily show, Simpliflying Live Connect with Shashank Nigam: Learn more about the great work that Simpliflying does. Connect with Shashank on LinkedIn Follow Simpliflying on Twitter: @Simpliflying

ceo trust strategy airlines sustained airasia shashank thai airways tony fernandes simpliflying shashank nigam

Implants And Body Hacking A Look At The Future By Tony Fernandes

Productized

Play Episode Listen Later Jul 24, 2018 15:55

In this talk Tony Fernandes looks at work done by UEGroup in the area of body implants. It discusses both product design methods that were used for this type of technology as well as discussing the social and technological implications of this type of futuristic product design. Join us for #productized18 and learn about the latest trends.

body hacking implants tony fernandes

The QPR Podcast meets Tony Fernandes

Play Episode Listen Later Apr 30, 2018 75:43

David, Paul and Chris meet Tony Fernandes for an open and honest discussion. Tony is happy to talk frankly about his thoughts on numerous topics; FFP, Warren Farm, managerial appointments (and some that didn't happen), player signings, how things have changed in his 7-year tenure and what the future may bring for QPR. Find us online at http://www.qprpod.co.uk on twitter @QPRPod and facebook https://www.facebook.com/qprpod

qpr ffp tony fernandes

Stay Off The Grass

uma flying high bookmark tony fernandes

Play Episode Listen Later Apr 25, 2018 54:27

Tonight Paul Finney is joined by Steve Sayce, Jonny Mac, David Eckhoff and Jim Maberly in what can be described as a gap filler leading up to the Tony Fernandes interview and the live Podcast. On this show they discuss the Brentford game and what is expected from the young players next season. Find us online at http://www.qprpod.co.uk on twitter @QPRPod and facebook https://www.facebook.com/qprpod

grass brentford stay off tony fernandes jonny mac

Tony's Flying High

BFM :: Bookmark

Play Episode Listen Later Oct 30, 2017 6:33

This week, on Bookmark, Uma speaks to entrepreneur, businessman, brand builder - and newly minted author - Tony Fernandes about his brand new autobiography.

Tony's Flying High

BFM :: Bookmark

Play Episode Listen Later Oct 30, 2017 6:33

This week, on Bookmark, Uma speaks to entrepreneur, businessman, brand builder - and newly minted author - Tony Fernandes about his brand new autobiography.

uma flying high bookmark tony fernandes

You Can Fine Us But You'll Never Kill Us