The Fagali Airport reopened back in 2009. At this time there were concerns for safety and the environment being harmed and putting a serious burden on the nearby community. In spite of those issues, Fagali Airport continued with its flights from two airlines, Polynesian Airlines and Samoa Air. However, it has since added a craft once Polynesian Airlines bought DHC-6 Twin Otter to handle the Samoa’s flights. Samoa Airways services all routes for American Samoan that happens on a weekly basis. The other destination includes Pago Pago. The Fagali Airport is not to far from the Apia, which is the capital of the city of Samoa.
The city sits on the coast of Upolu, which is Samoa’s second largest island to date. It’s noted that Apia is in the political district of Samoa. When travelers head to Apia from the Fagali Airport, they will encounter a very small village that has a population no more than 36,000 or so people. They will have a change to explore the rich history of the city and take part in tasting the authentic Samoan food. Various taxis are available from the Fagali Airport to bring travelers to the Apia city literally a few miles way.
Randal Nardone is one of the few billionaires in the world. Randal ranks number 557 on the Forbes Billionaire list with a net worth of about $1.8 billion. Randal Nardone is well educated with a bachelor degree in English and Biology from Connecticut University. He also has a Juris Doctor degree in Law from Boston University Law School.
He had worked in many areas before founding Fortress Investment Group. Randal was hired by a law firm Thacher Proffit and Wood, and after working for the firm, he later became a partner and executive committee member. Randal joined Blackrock Financial Management where he was a principal until 1997. In 1997, Randal Nardone joined UBS where he was a managing director. He worked at UBS for one year and then together with others co-founded Fortress Investment Group in 1998.
Randal became the Chief Executive Officer of the Fortress Investment Group in 2013. Apart from being the CEO of the Fortress, Randal has also been heading other enterprises. He is the Springleaf Financial Holdings’ President and Chairman. Randal Nardone is also the Newcastle Investment Holdings’ secretary and vice president. He is the head of many other enterprises due to his financial management experience.
Under the leadership of Randal Nardone, Fortress Investment Group has had so many achievements. For example, in the year 2014 Fortress was awarded two awards. It was named the Management Firm of the year by HFMWeek. Institutional Investor also called it the Hedge Fund Manager of the year.
Fortress under the management of Randal is a firm that people want to work with. It provides a conducive environment for its employees and thus they can put all their efforts in delivering the results. Fortress has a culture of rewarding its hardworking workers. This makes the workers get motivated to work harder thus the continued growth of the Fortress Investment Group firm.
It was announced that there was a deal of Fortress to be acquired by SoftBank Group Corp in December 2017. In the agreement, the outstanding shares of Fortress were bought for $ 8.08 per share. Despite Fortress being owned by SoftBank, it will continue operating independently with its management team in place. Randal said that he was positive about the deal with SoftBank. He said it would strengthen the company. It will make the company grow faster and be able to access greater credit sources.
The island of Fagali is located in the Pacific Ocean and is surrounded by many beaches. Even though the natives of the island speak their own language, they also speak English very well. The island depends on tourism for their revenue and in order to make this happen, the Fagali’I Airport was reopened by Polynesian Airlines. The airport had been closed due to safety concerns by the government and had run into disrepair. Because there were no flights entering Fagali, the economy suffered greatly. Polynesian Airline made all of the necessary repairs to make the airport safe once again and added additional airline services coming in. Samoan Air was one of the first of these new airlines to come to Fagali. At the present time, there are now up to three different airlines servicing the island and they have flights that go to Pago Pago and other outreaches. It has also become a stop over destination for other larger airlines who are going to countries in the far east. All of this reconstruction has helped the economy and the people living on the island have become quite prosperous. Tourism is still the mainstay of the island and new touring companies have been formed to show visitors around. They include in their services a complete history of the island and how it has grown.
The villagers that live on the isolated island of Sumba are very spiritual in nature. For example they use nyale sea worms in order to predict whether the next harvest will be a feast or famine. As one villager explains it, if these worms are biting each other that means that the harvest will be covered in rats. However, if the worms look healthy and long than the harvest will be great that year.
This island has about 750,000 people living on it. It is a very different world from most of civilization. They don’t even use a regular currency, instead bartering with animals in order to obtain goods and services. One of their biggest traditions is a celebration called the Pasola. This is a game that results in a lot of blood being spilt on the island. That’s actually the main point of Pasola as the villagers believe that this bloody ground is an offering in order for the next harvest to be bountiful.
Over 30 years ago two surfers from America by the names Claude and Petra Graves arrived on Sumba. What they saw was an untouched paradise and so they decided to build a hotel with the help of the villagers. The result was the hotel Nihiwatu, one that is unique in the world. Read more about Nihiwatu, check businessinsider.com.
Fast forwarding to the current day, entrepreneur Chris Burch bought the Nihiwatu a number of years ago, drawn to the same untouched paradise setting. After buying Nihiwatu he invested $30 million into expanding and improving it. He hires locally and invests in the Sumba community in order to help the villagers on the island prosper. He has said that giving back to the community that his hotel operates in is one of his chief concerns. Read his views on matters around his area of focus, browse on entrepreneur.com.
A note-worthy article here.
Chris Burch is a serial entrepreneur who has been heavily involved in starting over 50 companies since the 1970’s. More to read on bjtonline.com. Many of the companies he has founded are in the fashion industry although he has also branched out to other industries such as hospitality and technology. Many of his brands are widely known by consumers such as TRADEMARK, Cocoon 9, and Poppin. For contact details, hop over to burchcreativecapital.com.
Read this relevant article on https://www.inc.com/magazine/201106/chris-burchs-latest-cool-company.html
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