Tony fernandes is the founder of air asia and air asiax, two airlines based in Malaysia offering flights across the whole of Asia, as well as to Europe and Australia. Starting an airline has been a lifelong dream for Tony Fernandes. The idea came to him when he was a boarding school but Epsom college in England.
How honestly did you get into this, cause you were in the music business to start off with? Well, the idea actually you know that I tell a story very often but I had the idea initially when I were sent to Epsom and school at school are you a call at my mother in saying try to come home for half term and she said I’m afraid is too expensive.
And within that few seconds i thought wouldn’t it be good to have a longhaul lowcost airline because they’re Asia initially wasn’t my first ever flight on Air AsiaX I refuse to do that launch to Australia and China I want a little bit odd I wanted my first flight to be London Kuala Lumpur and my daughters now are at Epsom college in II made to wait for me at.
My old house a haldeman and the i trace the journey the only difference was a seer Heathrow now its fans that was very emotional for me thirty five years on too sentimental only thing that issues this is about a sentimental journey starting a lowcost airline just because as a boy you had a a pang of distance well though I got that was obviously.
Crystallize the my thought remain in my thoughts when the music business fail to embrace the internet I thought it was game set match for the industry and I quit and not mine was gonna do and I went up to Luton Airport so people trying to pass money for nine pounds and price/book at that moment I said I’m gonna do this and you made yourself filthy rich in the.
Music business how do you had enough true to start a No really man I really wasn’t filthy rich I am I i started AirAsia with the princely sum of 250,000 pounds but them we were committed and we said you know i a simple Marty theory if you could make the Casa travel of what it is.
Has a huge enormous untapped market what’s the initial secrets low enough call so you fill the planes that sold a very simple equation that that is still the secret it doesn’t change I went up to the elements of it but having the lowest cost equals the lowest fares and it’s a classic economic theory you know reduce the price and the demand goes up.
And laps worked right from the start it guess I mean I think we created a revolution I’m people couldn’t believe they could fly out to Penang orkut a cannibal inborn your for the China figures that we were quoting but with economic development people want more and more choice and you know everyone in Asia.
History of Etihad Airways Timeline
Etihad airways was established as the second flag carrier of uae in july by royal (amiri) Decree issued by Sheikh Khalifa bin Zayed Al Nahyan. Etihad commenced commercial operations with the launch of services to Beirut. The airline made an US$8billion aircraft order for five Boeing 777300ERs and 24 Airbus aircraft, including four A380800s.Total number of employees amounts to over 1500. Etihad Airways carried a total of 1 million passengers this year.The airline appointed James Hogan as President and Chief Executive Officer. The airline launched.
Its frequent flyer program called etihad guest, which offered discount web shop for loyalty program members.Etihad announced that they would become the title sponsor for the Abu Dhabi Grand Prix to be held on Yas Island. Etihad spent $50 million USD to arrange to have its new head office and training center built in Khalifa City, Abu Dhabi. The airline announced largest aircraft order in commercial aviation history at the Farnborough Airshow for up to 205 aircraft100 firm orders, 55 options and 50 purchase rights.Etihad.
Took over sponsorship of the docklands stadium in melbourne, which was renamed to etihad Stadium. Etihad airways entered into sponserhip contract with Manchester City F.C, which included renaming of Manchesters stadium to Etihad Stadium . Airline won the World Travel Awards (WTA) designation for having the best Business Class in the world . Etihad Airways won the Worlds Best First Class’ award bySkytrax at Hamburg. Etihad announced it had taken a 29.21% stake in Air Berlin , Europe’s sixth largest airline.Etihad reported its first.
Fullyear net profit in 2011, of us$14 million. etihad carried 10.3 million passengers, a 23% increase on the previous year. The GAA signed a new fiveyear sponsorship deal with Etihad. Etihad Cargo delivered 368,000 tonnes of cargo, a tonnage growth of 19 per cent. Etihad, signed a deal with First Deputy Prime Minister of Serbia, in Belgrade, giving Etihad a 49% stake in the Serbian national carrier Jat Airways/Air Serbia. the airline operates passenger and cargo services to 86 destinations around the world from its home base in Abu.
Dhabi.etihad airways received all three awards in the first class category at the 2013 skytrax World Airline Awards Best First Class, Best First Class Seats and Best First Class Catering. Etihad Airways introduced a new livery, which will be rolled out to the rest of the fleet over the next three years.Etihad agreed to take a 49% stake in the Italian flag carrier Alitalia for an estimated 560 million. Airline recieved delivery of first A380 in December 2014. The company announced that it was suspending its flights to/from.