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Tune Ventures
Tune Ventures Sdn. Bhd is a private investment company based in Malaysia. It is 40% owned by Tony Fernandes, 30% by Kamarudin Meranun, 25% by Dennis Melka and 5% by Tune Strategic Investments Limited. Multiple companies are majority owned by Tune Ventures, most of which use the Tune brand to market their products. These companies also form part of the Tune Group of companies. Related Companies These are the companies that are partially owned by Tune Ventures or are related to Tune Ventures: * Tune Hotels – 72.19% stake * Tune Money – 44.88% stake * Tune Talk – 35.7% stake * AirAsia * AirAsia X AirAsia X (previously known as ''FlyAsianXpress Sdn. Bhd.''), is a long-haul budget airline based in Malaysia, and a sister company of AirAsia. It commenced operations on 2 November 2007 with its first service flown from Kuala Lumpur Internat ... * Upland Resources References Privately held companies of Malaysia {{Malaysia-company-stub ...
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City
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ...
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Tony Fernandes
Anthony Francis Fernandes (born 30 April 1964) is a Malaysian entrepreneur. He is the founder of Tune Air Sdn. Bhd., which took over the first Malaysian budget airline, AirAsia. Fernandes turned AirAsia, a failing government-linked commercial airline, into a highly successful budget airline public-listed company. He has since founded the Tune Group of companies. He is also the majority shareholder of Queens Park Rangers Football Club. He is the owner of Caterham Group, the parent company of British car manufacturer Caterham Cars. Early life and education Fernandes was born in Kuala Lumpur on 30 April 1964 to a Goan father and a mother of mixed Indian (Malayali) and Asian-Portuguese ( Kristang) descent who had been raised in Malacca, Malaysia. At a young age, he would follow his mother who sold Tupperware at Tupperware parties. He was educated at The Alice Smith School in Kuala Lumpur. Starting at age 12, from 1976 to 1983, he studied at Epsom College boarding school in Eng ...
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Kamarudin Meranun
Kamarudin bin Meranun is a Malaysian businessman who is currently the Chairman of AirAsia and CEO of the Tune Group. Early life Kamarudin was born in Malaysia, 1960. He is a Minangkabau descent from Gugukrendah, Agam, West Sumatera. He received a Diploma in Actuarial Science from Universiti Teknologi MARA and received the Life Insurance Institute of Malaysia Best Actuarial Student award in 1983. Business career From 1988 to 1993, Kamarudin worked for the Arab-Malaysian Merchant Bank as a Portfolio Manager. He then moved in 1994 to Innosabah Executive Management as executive director. He was appointed Director of AirAsia in 2001, then as Executive director in 2004, then as Deputy CEO in 2005. He took on the role of Treasurer on top of that in 2012. Later that year, he moved into the role of Director, then moved to the role of Chairman of AirAsia in 2013, a role which he still holds as of 2016. He was appointed CEO of AirAsia X in 2015. He is also a board member of the Queens Par ...
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Tune Group
Tune Group Sdn Bhd (or Tune Group ''Sendirian Berhad'', meaning 'private limited') is a leisure and entertainment corporation founded by the Malaysian entrepreneurs Tony Fernandes and Kamarudin Meranun. Tune Group's mission is to provide affordability and accessibility to leisure activities and entertainment, primarily in Asian markets. It does this via its airline, hotel, telecommunication, financial services, sports, media and creative industries subsidiaries. Its subsidiaries include: budget airline AirAsia; Caterham Group, a motor engine-based technology company, through which it formerly owned the Caterham F1 Team; and Queens Park Rangers, an English football club. Tune Group was the official shirt sponsor of FA match officials until 2013. Business Tune was founded in late 2001 with the purchase of AirAsia by Tune Air Sdn Bhd on 2 December 2001. In 2013, Tune Group expanded its low budget hotel business (Tune Hotels) in Australia. In 2018, Tune Hotels are no longer manag ...
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Tune Hotels
Tune Hotels.com is a limited service hotel chain operated by Tune Hotels Management Sdn Bhd that provides a claimed "5-star sleeping experience at a 1-star price" accommodation. Tune Hotels is part of the Tune Group, the private investment group of Tan Sri Tony Fernandes, founder and group CEO of low-cost airline AirAsia. Limited service The limited service model used by Tune Hotels is similar to the no frills business model practised by low-cost carriers such as AirAsia and has been adapted to the hospitality industry. Similar concepts includes EasyHotel by easyJet. Properties and locations Tune Hotels have 10 locations in Malaysia and the United Kingdom. See also * Red Planet Hotels Red Planet Hotels, founded in 2010, is a privately owned regional hotel company focused on Asia’s expanding value hotel sector. The company owns and operates 32 hotels in Indonesia, Japan, the Philippines, and Thailand with a total of 5,151 room ... References External links * ...
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AirAsia
Capital A Berhad, () operating as AirAsia (stylized as ''airasia'') is a Malaysian multinational low-cost airline headquartered near Kuala Lumpur, Malaysia. It is the largest airline in Malaysia by fleet size and destinations. AirAsia operates scheduled domestic and international flights to more than 165 destinations spanning 25 countries. Its main base is klia2, the low-cost carrier terminal at Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia. Its affiliate airlines Thai AirAsia, Indonesia AirAsia, Philippines AirAsia have bases in Bangkok–Don Mueang, Jakarta–Soekarno-Hatta, Manila–Ninoy Aquino airports respectively, while its sister airline, AirAsia X, focuses on long-haul routes. AirAsia's registered office and head office is at Kuala Lumpur International Airport. In 2007, ''The New York Times'' described the airline as a "pioneer" of low-cost travel in Asia. AirAsia is the sponsor of Malaysia national football team, Singapore national footb ...
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AirAsia X
AirAsia X (previously known as ''FlyAsianXpress Sdn. Bhd.''), is a long-haul budget airline based in Malaysia, and a sister company of AirAsia. It commenced operations on 2 November 2007 with its first service flown from Kuala Lumpur International Airport, Malaysia, to Gold Coast Airport in Australia. AirAsia X flies to destinations within Asia, Australia, and the United States of America. The airline operates a fleet of 12 Airbus A330-300 aircraft. AirAsia X is the medium and long-haul operation of the brand AirAsia, which is Asia's largest low-cost carrier. History On 17 May 2007, Tony Fernandes announced plans to commence flights from Malaysia to Australia. Fernandes said he would be avoiding Sydney Airport due to its high fees. Instead the airline would concentrate on cheaper alternatives such as Melbourne's Avalon Airport, Williamtown Airport in Newcastle, and Adelaide Airport. Sustained fares were predicted to be around MYR 800 ( A$285) for a return fare, plus taxes. In ...
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