Fagaili’I Airport

     Fagali International Airport (FGI) is situated a few miles southwest of the town center of Apia, the capital and largest city in Samoa. This small airport has a fascinating history in that it started out as a grass airstrip until it was paved and officially opened in July 2002. However its function was short lived and after some controversy about noise and safety, it was closed in January 2005.

Four years later, Polynesian Airlines reopened it and began regular, internal flights to the island’s five other airports and also to Pago Pago in American Samoa, thus giving Fagali Airport international status.

The island of Samoa is attracting more tourists every year. With a tropical rainforest climate and many historical sites, visitors only have to travel a few miles from Fagali Airport to see 19th Century Colonial churches in downtown Apia located next to 20th Century multi-story buildings.

The Scottish novelist Robert Louis Stevenson spent the last four years of his life on Samoa and is buried on Mt. Vaea overlooking Vailima where he lived. I suspect the island has changed in many ways since the late 19th Century, especially with all the new technology available and Fagali Airport, which transports locals around Samoa and visitors to and from American Samoa.

This small airport plays a large part in the lives of Samoans and has helped bring their island into the 21st Century.

Salvi Rafael Folch Viadero Establishes Himself As A Good CFO

     Salvi Rafael Folch Viadero is currently serving as the Chief Financial Officer of Grupo Televisa. Prior to this, he was serving as the Vice President of Financial Planning. This was also at Grupo Televisa

Salvi Rafael Folch Viadero has earlier worked as the Chief Executive Officer as well as Chief Financial Officer of Comercio Mas, S.A. de C.V. He has also been the Vice Chairman of Banking Supervision. This was at the National Banking and Securities Commission.

He has earned a reputation for being a good and efficient Chief Financial Officer of Grupo Televisa, S.A. In fact, he is one of the best CFOs in Mexico today as decided by Forbes and similar other reputed organization. There are many parameters on which this recognition is based. All these aspects are transparent besides being objective.

This requires making use of hard data that is easily available to all. Hence it is the financial information which lies in public domain. This allows everyone to have easy access to it. It becomes possible to compare companies properly in this manner. Specific data pertaining to Salvi Rafael Folch Viadero has been picked up for this purpose.

It is best to measure any CFO on the basis of a Financial Management Efficiency Index. The parameters here will be the one in which the CFO has exclusive, direct and total responsibility.

In order to be on this list, a CFO has to be eligible on many parameters first. One of these is with regard to having a conceptual idea. It can be with regard to high debt. A CFO can decide on the amount based on the risk factor. He will know that the risk is minimal once the normal operations of any company are generating a flow of money which will allow paying off the debt in a certain time period. The optimal time frame can vary based on several factors.