Word: profitably
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...quickly up and down the clay runway. If his wheels got stuck, he would wave off any approaching airplane. He has come a long way. Now vice chairman and group president of Dubai-based Emirates Airlines, Flanagan is in charge of the globe's 14th largest and fifth-most-profitable airline. Under his watch, the once tiny, government-owned Emirates Airlines has been transformed, growing more than 20% a year for the past 17 years. It posted a record $429 million profit in the 2003-04 financial year--up 73.5% over the previous year. Its revenue reached an all-time...
...these leaders, the art of the Chinese deal is about more than making a profit; it's about building a modern capitalist economy. "Foreign investors who bring money and technology to private domestic firms are doing exactly the right thing," says Yasheng Huang, author of Selling China: Foreign Direct Investment in the Reform Era. "If you can structure your investment so that you take advantage of China's growth story without having to depend on its economic system, you have most of your success right there and then." We say, let it rain...
...Jones, who stays on as chairman. A graduate of the Hautes Etudes Commerciales, Agon will need the skill of a makeup artist to keep L'Oréal looking as good as it has under Owen-Jones, who steered the $19 billion company through two decades of annualized double-digit profit gains. On Agon's to-do list: promoting L'Oréal's new antiaging skin-care line for men. --By Dody Tsiantar
...more market reform to stamp out corruption, which he called "a serious threat to China's body politic," and warned that willy-nilly lending by Chinese banks will wallop the economy. "I see a market filled with pitfalls," he says. "China is deceptive. Growth doesn't necessarily translate into profit." During a February luncheon in Hong Kong, Shan shocked the crowd by challenging Nobel-prizewinning economist Amartya Sen for praising Mao's "barefoot doctor" program as a sound way to provide health care to the poor. Shan, recalling his experience in the Gobi, noted that the government trapped people...
Amazingly, Koteshwar was able to cash out with $18,000 in profit after just four months. Taser went on to become the best-performing stock of 2004, more than quadrupling in price--despite the emergence of a potentially chilling scandal in late November: Amnesty International issued a 93-page report detailing 74 deaths in the U.S. and Canada of people who had been hit with a Taser, and calling for a moratorium on the weapons until more independent medical-safety studies were conducted. Yet after a brief stall, Taser's stock continued its upward climb, hitting an all-time high...