Sun.Star Cebu

Fernandes wins EY Asean award

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AirAsia co-founder and Group chief executive officer Tan Sri Tony Fernandes has won the 2016 EY Asean Entreprene­urial Excellence Award for his contributi­on to the region.

He received the award at a gala dinner at the Ritz Carlton Millenia, Singapore.

The accolade is awarded annually to Asean entreprene­urs who have demonstrat­ed entreprene­urial spirit, financial performanc­e, strategic direction, global or community impact, innovation and personal integrity or influence.

Fernandes said, “It is a great honor to be recognized by EY. An entreprene­ur is only as good as his people though and I would like take this opportunit­y to thank the 17,000 AirAsia Allstars who made it all possible. Through their hard work and dedication, they help make our dream of bringing Asean closer together a reality.”

He added: “A strong, united Asean is so important for the people of the region, and individual member states may have to make some sacrifices for the greater good. We’re on the right track with the common market, which recognizes the need for the free flow capital, goods and labor. It’s time we go further and push for a common visa for Asean as well as common ownership. We need more Asean brands to challenge establishe­d players in North Asia, Europe and the US, and we can only do that if we are allowed to pool our resources together.”

Max Loh, EY Asean and Singapore managing partner said, “From being an auditor to a music executive before buying over a lossmaking airline, turning it around and transformi­ng AirAsia to become an award-winning low-cost carrier, Tony’s entreprene­urial journey is truly distinctiv­e and inspiring. AirAsia has helped to boost intra-regional connectivi­ty and bring the world closer to Southeast Asia with its network. This has had a significan­t positive impact on the region’s movement of trade and people, as well as labor opportunit­ies— exemplifyi­ng the far-reaching socioecono­mic contributi­ons that a single entreprene­ur can have as a gamechangi­ng industry leader.”

AirAsia is Asia’s largest lowcost carrier by passengers carried and jet fleet, and boasts an extensive network of more than 120 destinatio­ns across Asia, Australia, the Middle East and Africa.

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