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...people operating it." The new Fung recruit, meanwhile, already shows some attributes needed in the fast-paced global industry. He has a penchant for fast cars (he zips around in one of his two black souped-up BMW M5s) and air travel (he writes a private blog about his plane trips). "It's good to be here," Terence says. A techie who once ran his own online venture, Terence may have just the right experience to help spark a new manufacturing revolution...
More than 3,000 miles (4,800 km) to the west, in the Angolan capital Luanda, another entrepreneur, Adérito Cassolongo, faces far tougher prospects. As a young man, he taught himself English and wangled a job with the U.N. Then, with a civil war raging, he caught a plane to South Africa, where he slept rough on the streets of Pretoria before becoming a boxer and earning $30 a week. In the evenings, he taught English to other Angolans, then built his own computers from spare parts and used them to set up a computer-training school. Today Cassolongo...
...excited about flying these days. Hard, that is, unless you've just boarded the Airbus A300 owned by former Indian Airlines engineer B.C. Gupta. Take, for example, the safety demonstration. After asking for a volunteer from the 120 or so kids crammed, some two to a seat, in the plane's economy-class cabin, flight attendant Ridhi Sehgal explains how the oxygen masks work. A plastic deck chair appears, and Sehgal helps the volunteer, a worried-looking boy of 7, up onto it so that the other passengers can see him. "This is just for show," Sehgal explains...
...needn't worry. The Airbus isn't flying over water today. It isn't flying anywhere. Jammed into a suburban backyard near Indira Gandhi International Airport, its nose and tail jutting over the property's walls, the plane offers the adventure of air travel without the cost--or even the travel. Its passengers, most of whom have never been on a plane before, pay up to $4 each to join the jet set for a few hours. India's skies may be busier than ever these days, as a raft of budget carriers have made flying in India more affordable...
Fernandes, 40, a fast-talking Malaysian, has become the poster child for the new movement. A 12-year veteran of Warner Music in Asia, Fernandes sold his pricey AOL Time Warner stock options and in 2001 bought into a sleepy two-plane airline in Kuala Lumpur. He now has 22 planes and is seeking to buy 80 more over the next eight years. AirAsia has gone from 12 flights a day to 100, including runs from Kuala Lumpur to Jakarta, from Bangkok to the gambling mecca of Macau and even flights to Bali. He's also eyeing China and India...