As legacy carriers continue to falter worldwide and low-fare carriers strengthen their niches, Aviation Week recognizes one of the most successful and innovative airline founders—AirAsia Group CEO Tony Fernandes. The Malaysia-based airline has faced many obstacles, from cultural differences among its Thai, Indonesian and Malaysian staff to protectionist governments and a dearth of aircraft financing, not to mention its launch in 2001. Fernandes transformed an airline that began ...

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