Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Tony Fernandes"


16 mentions found


Tony Fernandes, chief executive officer of Capital A Bhd., during the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 14, 2023. AirAsia founder and CEO Tony Fernandes says he does not regret the viral LinkedIn post that showed him receiving a massage during a meeting — and that transparency is worth potential controversy. The Malaysian businessman is known for an unfiltered approach to posting on social media. It has a disadvantage, that people will misrepresent and misunderstand Tony Fernandes the persona," he said. But by far the strongest reaction to a social media post by Fernandes came in October, when the businessman shared a photograph of himself shirtless in the office.
Persons: Tony Fernandes, Fernandes Organizations: Milken Institute Asia Summit, AirAsia, CNBC, Singapore Airlines Locations: Singapore, Malaysian, Indonesia
Tony Fernandes said he posted the topless photo on LinkedIn to show his company's flexible work culture. Fernandes said his PR team doesn't check what he posts on social media. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAirAsia's CEO Tony Fernandes said he doesn't regret posting his shirtless photo on LinkedIn as the viral post garnered him a lot of publicity.
Persons: Tony Fernandes, Fernandes, Elon Musk, Organizations: LinkedIn, Service, CNBC, Malaysian, Business
CNBC Daily Open: A mixed picture on U.S. jobs growth
  + stars: | 2024-03-11 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. stocks retreatWall Street finished Friday's session lower as investors look ahead to key inflation data due out this week. Japan skirts technical recessionJapan avoided a technical recession as revised fourth-quarter data revealed the economy returned to growth. "My famous topless sports massage was all about showing our culture, to be honest, that we had such a flexible culture," the Malaysian businessman told CNBC.
Persons: Tony Fernandes, Tasha Keeney Organizations: Grand Central Market, CNBC, Wall, Nasdaq, Dow, Gross, AirAsia, Pfizer Locations: Los Angeles , California, U.S, Japan, Malaysian
CNBC Daily Open: Conflicting signals on U.S. jobs market
  + stars: | 2024-03-11 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China warns property developersChina's housing minister signaled real estate developers must go bankrupt if required and won't get a major bailout. Minister of Housing and Urban-Rural Development Ni Hong also warned that those who "harm the interests of the masses" will be punished. India's 'watershed' FTAIndia signed a 'watershed' $100 billion free trade deal that will remove most tariffs with four non-EU nations.
Persons: Hong, Piyush Goyal, Tony Fernandes, Tasha Keeney Organizations: CNBC, Nikkei, CSI, Nasdaq, Dow, Housing, India, EU, Commerce, Industry, AirAsia Locations: Asia, Japan, China, Malaysian
AirAsia airplanes are pictured on the tarmac at Kuala Lumpur International Airport in Sepang on January 8, 2024. Malaysian conglomerate Capital A intends to sell its budget carrier business to medium- to long-haul affiliate AirAsia X in a major consolidation of the country's airline industry. Brand licensing opportunities could include hotels, mobile services and airlines in markets such as south Asia and Africa where AirAsia does not have subsidiaries, Fernandes said. The deal values the new company, Capital A International, at $1.15 billion, according to a release Wednesday. That will create a unified Air Asia Group, Fernandes said, which is targeting a $400 million equity raise, according to Reuters.
Persons: Tony Fernandes, , " Fernandes, Fernandes Organizations: AirAsia, Kuala, Capital, AirAsia X, Nasdaq, CNBC, Asean, Malaysian, Berhad, Air, Air Asia Group, Reuters, Aetherium, International Locations: Kuala Lumpur, Sepang, U.S, Malaysia, Asia's, America, Southeast Asia, Asia, Africa, Malaysian, Air Asia
Hong Kong CNN —AirAsia boss Tony Fernandes has created a firestorm on social media after sharing a photo of himself receiving a massage topless during a management meeting. In his post, the business mogul said he’d had “a stressful week,” so a colleague suggested he get a massage. “Got to love Indonesia and AirAsia culture that I can have a massage and do a management meeting,” Fernandes wrote. The post was deleted days later after a wave of criticism, with many LinkedIn users saying his behavior was unprofessional. AirAsia Group rebranded to Capital A last year, in efforts to show how AirAsia was becoming “more than just an airline,” according to a company statement at the time.
Persons: Tony Fernandes, he’d, , ” Fernandes, Fernandes, , Richard Branson of Organizations: Hong Kong CNN — AirAsia, Malaysian, LinkedIn, AirAsia, CNN, Bloomberg, relaunching AirAsia, Capital, , Virgin Group, Warner Music, AirAsia Group Locations: Hong Kong, Indonesia, Richard Branson of Asia, United Kingdom, Asia, Malaysian, Malaysia
The head of low-cost airline AirAsia has deleted a social media post apparently showing him taking a business meeting while topless and receiving a massage after it sparked heavy criticism. Tony Fernandes wrote in a LinkedIn post accompanying the picture on Monday: "Got to love Indonesia and AirAsia culture that I Can [sic] have a massage and do a management meeting." Social media users were quick to criticize the post, with many saying it would make employees uncomfortable and was highly inapproriate. He is a frequest social media user and, since the furor, has posted twice more on LinkedIn, while not referencing the massage post. And you know who your friends and supporters are and who would be the first to throw the stone," he wrote in a LinkedIn post Wednesday.
Persons: Tony Fernandes, Fernandes Organizations: AirAsia, Twitter, Berhad, Malaysian, Queens Park Rangers Football Club, Caterham, One, LinkedIn, CNBC Locations: Indonesia, Malaysia
AirAsia co-founder Tony Fernandes posted a picture of himself receiving a massage while shirtless at work. The LinkedIn post generated debate online, with many saying it was unprofessional. AdvertisementAdvertisementAirAsia co-founder Tony Fernandes has sparked debate online after posting a photo on LinkedIn showing himself getting a shirtless massage during a management meeting. "Was a stressful week and Veranita Yosephine suggested a massage," Fernandes wrote on LinkedIn early Monday morning, referencing AirAsia Indonesia CEO Veranita Yosephine. Spokespeople for AirAsia and AirAsia Indonesia did not respond to Insider's requests for comment, and the LinkedIn post has since been taken down.
Persons: Tony Fernandes, Fernandes, , Veranita Yosephine Organizations: AirAsia, Service, LinkedIn, AirAsia Indonesia, Capital Locations: Indonesia, Malaysian, Asia, Japan, Thailand, Capital
The logo of AirAsia under Capital A is seen displayed in this illustration picture taken March 7, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsSINGAPORE, Sept 11 (Reuters) - Capital A Berhad (CAPI.KL), parent of Malaysian budget airline AirAsia, expects to see the carrier's operations returning to pre-pandemic levels by December, Capital A CEO Tony Fernandes told Reuters on Monday. The target indicates a slight delay from his earlier forecast of putting all 204 of its fleet back in service by August. Fernandes did not elaborate on the delay, but said drivers for capacity growth included improving demand from migrating workforce, tourism, students and connecting travellers. Reporting by Yantoultra Ngui; Editing by Himani Sarkar and Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.
Persons: Florence Lo, Tony Fernandes, We'll, Fernandes, Yantoultra Ngui, Himani Sarkar, Muralikumar Organizations: AirAsia, REUTERS, Rights, Berhad, Malaysian, Capital, Reuters, Forbes Global, Thomson Locations: Capital, Rights SINGAPORE, Singapore
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirAsia Philippines IPO delay is not driven by the market, says Tony FernandesTony Fernandes, CEO of Capital A, discusses the long-awaited IPO of AirAsia Philippines and why he remains bullish on Southeast Asia.
Persons: Tony Fernandes Tony Fernandes Organizations: AirAsia, AirAsia Philippines Locations: AirAsia Philippines, Southeast Asia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. will be a 'very, very big part' of the Capital A Group, CEO saysTony Fernandes of Capital A discusses the importance of artificial intelligence to the group's broadening ventures.
Persons: Tony Fernandes Organizations: Capital
In September 2001, Fernandes bought the AirAsia brand from a Malaysian government-owned conglomerate for the equivalent of 30 cents at the time. And he's ready to walk away: "Good leadership is to know when to go," he told Bloomberg in an interview published Tuesday. And though he's already talking about plans to replace him, Fernandes doesn't know "exactly when I press the button." Newly privatized carrier Air India appointed an executive of Scoot, the low-cost arm of Singapore Airlines, as CEO in June. There were also airline executive reshuffling at American Airlines and Southwest Airlines in December.
Nov 30 (Reuters) - Capital A Berhad (CAPI.KL), the parent of Malaysian budget airline AirAsia, reported a narrower third-quarter operating loss on Wednesday, buoyed by a strong rebound in travel demand and the easing of pandemic-related restrictions in Southeast Asia. It also forecast a positive outlook for the upcoming years on strong sales momentum and reopening of travel restrictions, projecting stronger air passenger traffic in the next quarter. Capital A posted an operating loss of 563.9 million ringgit ($127.00 million) for the three months ended Sept. 30, compared to a loss of 893 million ringgit in the year-ago period. It reported a sharp 563% increase in revenue to 1.96 billion ringgit from last year's 295.9 million ringgit. ($1 = 4.4400 ringgit)Reporting by Sameer Manekar and Riya Sharma in Bengaluru; Editing by Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.
Capital A, headed by Fernandes, will retain the digital, logistics and aviation services businesses, while AirAsia X will be renamed AirAsia Aviation and be led by long-time executive Bo Lingam under the plan. Capital A hopes submit to Bursa Malaysia Securities for approval in February. AirAsia X is also classified as PN17, but in an interview with Reuters on Tuesday, Fernandes said under the restructuring plan, both listed companies would emerge from that status by July 2023. Capital A investors will receive an in-specie distribution in the former AirAsia X, giving them exposure to a pure airline business with multiple brands. Fernandes said the distressed-company status had a "major impact" on the airline's share price by reducing investor confidence, which he hoped to restore through the restructuring plan.
Despite soaring oil prices and weakening currencies, the outlook for aviation remains positive due to "extremely strong" demand, said Tony Fernandes, CEO of AirAsia parent company Capital A. "In AirAsia we have 205 aircrafts and in AirAsia X we have about 20 aircrafts … getting slots and obviously getting them ready for service has been a big challenge." The positive outlook comes in spite of negative market reactions to Fernandes' resignation as AirAsia X's Group CEO this week. AirAsia X is the long-haul budget flight arm of AirAsia. AirAsia X shares dropped after the Oct. 31 announcement, and losses since the development still stood at about 5% as of Friday morning.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur business will benefit as the economy tightens, says Malaysia's Capital ATony Fernandes, CEO of AirAsia parent company Capital A, says he is not worried about an economic tightening and the business will benefit as a "value provider."
Total: 16