SINGAPORE, 8 November 2023 – Capital A Berhad, the investment holding company of AirAsia, airasia MOVE (formerly known as airasia Superapp), logistics venture Teleport, and Capital A aviation services group has announced its Chief Executive Officer Tony Fernandes has been named ‘Asia Pacific CEO of The Year’ at the Airline Economics’ Aviation 100 Asia Pacific Awards 2023 in Singapore. The awards ceremony was held on the sidelines of the Airline Economics Growth Frontiers Asia Pacific conference, with some 700 aviation professionals attending. 

Voted by industry experts, including airlines, lessors, banks, law firms, and other key stakeholders, the annual industry poll by Airline Economics recognises and celebrates the industry's most outstanding leaders. The ‘Aviation 100’ poll is a comprehensive and exhaustive process that spans the entire year, consisting of regional-specific votes, and is renowned for its credibility to identify the most exceptional  figures in finance, leasing, and law, along with top executives from leading airlines.

Datuk Kamarudin Meranun, Executive Chairman of Capital A said: “Congratulations to my partner Tony for this great achievement, as it reflects the hard work, resilience and dedication of all Allstars across Capital A. This recognition comes at a high time that the industry has hit the ground running, building and growing after the global Covid-19 pandemic and highlights the value we deliver to our customers as a low-cost, value driven aviation and travel services group. Looking ahead, we will continue our mission in delivering unparalleled customer experience whilst continuing to positively contribute to the economy and the industry, regionally and beyond.”

Group Chief Finance Officer of Capital A, Pattra Boosarawongse said: “We are so proud of our CEO for receiving this prestigious aviation award given by bankers and lessors. His strategic foresight in dealing with dynamic challenges of balancing finance in this industry has been the cornerstone of our success, and we are confident we will continue to soar above market turbulence with strong financial foundation, under his leadership and guidance.”

Philip Tozer-Pennington, Managing Director of Airline Economics said: "Tony Fernandes' recognition as the Aviation 100 APAC CEO Of The Year is a well-deserved acknowledgment of his remarkable leadership and notable contributions to the aviation industry. His vision and dedication have not only transformed AirAsia and Capital A but have also left an indelible mark on the broader aviation landscape in the Asia-Pacific region. This award is a testament to his outstanding achievements, and we are proud to celebrate his success."

***END***