AirAsia CEO To Share His Success Story
By CT Hj Mahmod

Bandar Seri Begawan - Tony Fernandes, founder and Chief Executive Officer of the no-frills airline AirAsia, is to tell his success story to an appreciable audience today.

He will be a keynote speaker at the Asia Inc Forum's roundtable on Brunei's economy held at the Jerudong Park Country Club.

The man who revolutionised the air travel industry in Malaysia and who pioneered low cost travel in Asia, will deliver a talk entitled "Starting a Revolution: The AirAsia Story".

Today's roundtable, the first event under the 2005 Corporate Partnership Programme involving TOTAL, BLNG, HSBC, DST, BearingPoint and RBA, will review and analyse key economic developments within Brunei and the region.

Focusing on the theme ‘New Challenges, New Ideas, New Directions’, the roundtable forms as a platform for leading figures in both the public and private sectors to discuss challenges and opportunities arising from the regional economic development and its impact on Brunei.

The 80 top movers and shakers will exchange ideas and discuss with invited speakers on how Brunei can contribute towards a sustainable economic future for its people.

Among the topics of interest at the roundtable is whether Asean can compete with the economic reemergence of China and India, a topic led by Mr P.K. Basu, an expert with Khazanah Nasional, the investment arm of the Malaysian government.

This discussion will examine how China and India are transforming the regional economic landscape as well as address the question of Asean's competitiveness and the options open to it.

The session on reviewing recent local developments in the country will be facilitated by Mr. Timothy Ong, Acting Chairman of Brunei Economic Development Board, which will be followed by an open forum discussion on future challenges and opportunities.

The roundtable will conclude with the luncheon address by Tony Fernandes, who will share his success story on how AirAisa has grown from just two Boeing 737-300s to its present fleet of 28 and operating over 100 domestic and international flights within three years.

Today AirAsia has formed successful joint ventures in Thailand and Indonesia and holds a 49 per cent stake in both companies. -- Courtesy of Borneo Bulletin

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