Tony Fernandes

AirAsia low-cost ops playbook

Tan Sri Dato' Sri Anthony Francis Fernandes is a Malaysian entrepreneur. He is the founder of Tune Air Sdn. Bhd., which took over the first Malaysian budget airline, AirAsia. Fernandes turned AirAsia, a failing government-linked commercial airline, into a highly successful budget airline public-listed company. He has since founded the Tune Group of companies. Until 2021, he was the owner of Caterham Group, the parent company of British car manufacturer Caterham Cars. Until July 2023, he was the majority shareholder of Queens Park Rangers F.C.