Marco Isaak
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Marco Isaak | |
|---|---|
| Add a Photo | |
| Nationality | Singaporean |
| Occupation | Airline owner |
| Known for | Group CEO and Chairman of Asia Cargo Network Group |
Marco Isaak is a Singaporean entrepreneur and the owner of four cargo airlines. He is the Group CEO and Chairman of his airline companies in different parts of the world that mainly conduct freighter aircraft operations under the brand Asia Cargo Network (ACN). He is also the founder of Isaak Music Entertainment established in Indonesia.[1]
Life and education
Isaak was born in Singapore. He has a degree in Business Philosophy from Cairo University.
Career
Isaak is the group CEO and Chairman of Asia Cargo Network Group. It is the parent company to four airlines – Asia Cargo Airlines and Raffles Global Angkasa “RGA” both in Indonesia, World Cargo Airlines, in Malaysia, and MENA Cargo Airlines in Bahrain. World Cargo Airlines was previously 100% owned by POS Malaysia Bhd in which Isaak acquired 51% stake for RM 40 million in 2020.[2]
In November 2022, he acquired 49% of Bahrain’s MENA Cargo Airlines with an investment of capital of USD 130 million that includes, asset deployment, and management services to expand the groups services to the Middle East, South Asia and Africa.[3][4] Isaak is also the Founder of Isaak Music Entertainment.[1]
References
- ↑ 1.0 1.1 "Board and Directors". Budget Petroleum Trading.
- ↑ Shankar, Arjuna (19 August 2020). "Pos Malaysia sells 51% of loss-making air cargo unit for RM40 million cash". The Edge Malaysia.
- ↑ Staff (16 November 2022). "Asia Cargo Network announces international expansion". Asian Aviation.
- ↑ Staff (November 9, 2022). "MAE Aircraft Management and ACN Singapore announce strategic partnership and alliance". Zawya.
External links
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