AirAsia
Datuk Kamarudin Meranun is the co-founder of AirAsia. Together with his business partner and long-time friend Tony Fernandes, he acquired struggling domestic airline AirAsia in December 2001 and relaunched it as a pioneer of budget travel in Asia, building AirAsia into the world's best low-cost carrier.
He is the Non-Independent Executive Chairman of AirAsia Group Berhad, taking the lead in engaging with the government, aviation regulators and airport authorities of Malaysia. Before being designated as Executive Chairman, he was AirAsia’s Deputy Group Chief Executive Officer.
Prior to joining AirAsia, Datuk Kamarudin worked at Arab-Malaysian Merchant Bank from 1988 to 1993 as a Portfolio Manager, managing both institutional and high net-worth individual clients' investment funds. In 1994, he was appointed Executive Director of Innosabah Capital Management Sdn Bhd, a subsidiary of Innosabah Securities Sdn Bhd. He subsequently acquired the shares of the joint venture partner of Innosabah Capital Management Sdn Bhd, which was later renamed Intrinsic Capital Management Sdn. Bhd.
He graduated with a Diploma in Actuarial Science from University Technology MARA (UiTM) and a BSc with Distinction (Magna Cum Laude) majoring in Finance in 1986 and an MBA in 1987 from Central Michigan University.
He received the Darjah Panglima Jasa Negara (PJN), which carries the title Datuk, from the Malaysian King in November 2013.
Datuk Kamarudin is also a Non-Independent Executive Director of AirAsia X Berhad, in charge of developing the overarching strategy for AirAsia's long-haul, low-cost sister airline AirAsia X, which comprises affiliates in Malaysia, Thailand and Indonesia, a Non-Independent Non-Executive Director for Tune Protect Group Berhad, a Director of Yayasan Pendidikan Titiwangsa and a Director of Universiti Teknologi MARA (UiTM).
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AirAsia
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AirAsia is a leading low-cost airline that primarily operates in the Asia-Pacific region. They started out as Fly Asian Express in 2006 by serving rural areas of Sarawak and Sabah with turboprop aircrafts before rebranding to AirAsia in 2007. While they mainly operate out of the Kuala Lumpur airport, AirAsia services 26 destinations in Singapore, Bali, Sapporo, Tokyo, Osaka, Nagoya, Fukuoka, Seoul, Busan, and many others across Asia and the US. Their core fleet consists of the 39 Airbus A330. They are passionate about their business model having the lowest unit cost base of any long-haul airline in the world. In addition to their low-cost airline offering, other services include AirAsia Ride, Pocket, ikhlas, Money, Xpress, Health, Food, TravelMall, and many others that promise a quick and easy delivery at a low cost.