AirAsia Expedia Appoints Kathleen Tan as Chief Executive Officer
SINGAPORE, 4 JANUARY 2013 –
AirAsia Expedia (AAE), the unique joint venture between AirAsia, the
world’s best low cost airline, and the Expedia group, the world's
largest online travel company today announced Kathleen Tan as Chief
Executive Officer. In this role, Kathleen will oversee the Expedia
brand, AirAsiaGo, and Backick online travel agency (OTA) businesses in
Southeast Asia, India, Japan, Korea, Taiwan, and Hong Kong.
Dara Khosrowshahi, Expedia group President and Chief Executive Officer
said, “We are thrilled to have a business leader of Kathleen’s caliber
join the AirAsia Expedia joint venture. She has an impressive track
record in building AirAsia into Asia’s biggest low-cost carrier over
the past eight years, and we are delighted to have those skills brought
to the AirAsia Expedia joint venture. Furthermore, her substantial
knowledge of Asia’s travel landscape and proven business acumen will be
immensely valuable in taking AAE to future heights.”
Kathleen previously served as AirAsia’s Group Head of
Commercial and Senior Vice President of China since 2004, acting as
Group Chief Executive Officer and Co-Founder Tony Fernandes’s
right-hand woman managing AirAsia’s top-line performance and overseeing
up to fifteen departments across the six AirAsia-branded airlines.
During the past eight years, Kathleen’s strategic vision, boldness, and
leadership have grown AirAsia’s revenue twenty-fold to over RM 10
Billion (US$ 3.5 Billion) in 2012. Kathleen has scaled up AirAsia’s
network from less than twenty planes to nearly 130 planes, creating the
#1 low-cost carrier in Asia-Pacific, the biggest airline network in
Southeast Asia, and the top foreign LCC into China. In addition,
Kathleen has transformed AirAsia’s brand into one exemplified by its
signature cool, bold red and recognized and admired worldwide. The
brand has won numerous accolades, culminating in being named “World’s
Best Low Cost Carrier” an unprecedented four years running by 19
million travelers voting on Skytrax, and the brand equity is now valued
at an impressive US$428 Million by Brand Finance Plc. As such,
Kathleen is a highly-respected figure in the travel industry, including
being named a Top 10 Most Influential Woman Leader in Travel by
WebInTravel and being dubbed an “aviation legend” by Baidu, China’s
largest search engine.
Kathleen has always been a pioneer, from having the
foresight to spot the immense potential of China and making AirAsia the
first low-cost carrier serving China in 2005, to driving product
innovation, including assigned seating, mobile booking, and ancillary
sales online. She has also spearheaded AirAsia’s social media strategy
and development early on. AirAsia’s social media presence is ranked #1
in Asia-Pacific by multiple metrics. As an avid social junkie,
Kathleen herself has over 200,000 fans on Sina Weibo and is ranked in
the top 2000 most influential social media users among around 300
million Weibo users. Remarkably, her individual Weibo account would
rank as #4 among airlines in China.
Tan Sri Tony Fernandes, AirAsia Group Chief Executive Officer
said, “Kathleen came to Malaysia not knowing anything about aviation,
but her determination has led her to overcome every challenge and today
she holds the pulse of Asia’s travel market. As AirAsia progress
towards the second decade of success, we feel comfortable in letting
Kathleen move to AirAsia Expedia.
“Our
focus for the next five years is ancillary and adjacent business. The
potential of AirAsia Expedia is enormous. Having Kathleen driving the
business gives me huge encouragement and I am sure AAE and the OTA
industry will escalate tremendously when Kathleen gets to work
her unique style of brand-building, sales and profits growth” he added.
Kathleen is no stranger to the OTA
industry, having managed the AirAsiaGo OTA business profitably prior to
it being transferred to the AAE joint venture upon formation. She
drove the joint venture formation discussions with the Expedia group,
representing AirAsia, and has served on AAE’s board of directors since
day one.
On her part, Kathleen said,
“The last
eight years in AirAsia have been the most awesome ride I ever had in my
career. I thank Tony, Kamarudin and the AirAsia Board, who always have
had the greatest faith in me and have given me the opportunity to fly
high in the world of AirAsia. And a big thank you to my wonderful
commercial staff and Allstars in AirAsia who embraced and inspired me
every day. I am truly delighted to take on a new challenge in the OTA
industry which is a natural progression, as travel still excites me
greatly. Indeed, it’s a big honour to work for two of the world's most
powerful brands and I'm excited by my new appointment. I look forward
to taking AAE to another level and build further growth.”
“Asian consumers can look forward to the widest range of travel products at great prices with AirAsia Expedia,” she added.
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