The skill that helped AirAsia's CEO turn a $0.26 airline into a billion-dollar business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The skill that helped AirAsia's CEO turn a $0.26 airline into a billion-dollar business via CNBCMakeIt

div > div.group > p:first-child"> After building a successful career as a top exec at Warner Music, Tony Fernandes decided to pack it all in to try his hand at the airline industry in 2001. Within a year of purchasing the ailing Malaysian carrier for one ringgit , he turned the business around and returned it to profitability.But when asked the greatest skill he possesses as a leader, the 54-year-old insists on one thing: His ability to find great people.

Since AirAsia's early days, Fernandes has grown his team by more than 100 percent from a staff of 200 and two planes, to an international network of 20,000 running a fleet of 250 aircraft. "I look for people who are hungry," Fernandes said."If you look at my team, there's a lot of people who didn't make it or want to prove something."

Fernandes said he was struck by the grit and determination of serial entrepreneur Christopher Davison when he met him in a bar in London — so much so that he decided to take him on as the BigPay's co-founder and group CEO.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt It’s purported his wealth was generated from bitcoin trader/revolution/loophole

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Kylie Jenner and YouTube helped make Casper a billion-dollar companyHow Kylie Jenner and YouTube helped make Casper a billion-dollar company via CNBCMakeIt MakeIt Please note mahaveernetaji MakeIt MakeIt A fool and their money are soon parted
Source: CNBC - 🏆 12. / 72 Read more »

Snap is taking on Apple in the multi-billion dollar mobile gaming businessSnap announced a new ad-supported gaming platform at an event Thursday, following Apple and Google into the gaming space. mr_jettlife
Source: CNBC - 🏆 12. / 72 Read more »

Uber’s Secret Gold Mine: How Uber Eats Is Turning Into A Billion-Dollar Business To Rival GrubhubUber Eats could make up a tenth of the ride-hailing giant's revenue this year, impressive news for investors in its IPO. But well-capitalized rivals are already trying to tap the same vein. Because they pay their employees the least and encourage people not to tip. DO NOT USE UberEats Order from a company that actually pays their fcking employees And still in (huge) loss.. Maybe they can put pressure on restaurants to start using eco-friendly containers 🤷‍♂️ Styrofoam guilt every time I order delivery
Source: Forbes - 🏆 394. / 53 Read more »

Virginia drug company charged in billion-dollar opioid marketing fraud scheme aimed at addictsProsecutors allege that Indivior, which sells the drug known as suboxone film, used a telephone 'helpline' to connect opioid-addicted patients to doctors who were prescribing the drug 'in a careless and clinically unwarranted manner.' get them hooked on pills then call them to offer them a more addictive 'cure' Classic “Patient Brokering”. So glad Florida cracked down on this. Big Pharma is one of the driving forces behind the Opioid Crisis 🙄. So many make so much off suffering and pain. From the dealers to the cops, the courts, the hospitals, rehabs, and the morticians. Heartbreaking
Source: USATODAY - 🏆 100. / 63 Read more »

Opinion | Uber built a billion-dollar company on the work of drivers it won't acknowledgeOpinion | Mostafa Maklad: To Uber, I'm a driver but not a worker. But their billion-dollar IPO is built off my labor. - NBCNewsTHINK THINK So start your own. I'm sure people will jump into your car just being some dude. THINK You're independent contractors. THINK Welcome to independent contractorville
Source: NBCNews - 🏆 10. / 86 Read more »