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AirAsia was established as a full-service airline in 1993 and began operations on 18 November 1996. It was founded by a government -owned conglomerate, DRB-HICOM. On 5 September 2001, the heavily indebted airline was bought by former Time Warner (now known as Warner Bros. Discovery) executive Tony Fernandes and Kamarudin Meranun 's [5] company ...
Zest Airways, Inc., operated as AirAsia Zest (formerly Asian Spirit and Zest Air ), was a Filipino low-cost airline based at Ninoy Aquino International Airport in Pasay, Metro Manila in the Philippines. It operated scheduled domestic and international tourist services, mainly feeder services linking Manila and Cebu with 24 domestic destinations ...
AirAsia X (previously known as FlyAsianXpress Sdn. Bhd.), is a Malaysian long-haul low-cost airline 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, and ...
List of AirAsia Group destinations. This is a list of current and confirmed prospective destinations that AirAsia and its subsidiaries Indonesia AirAsia, Thai AirAsia, Philippines AirAsia, AirAsia Cambodia, AirAsia X and Thai AirAsia X are flying to, as of June 2024. Due to the coronavirus pandemic, the route list (especially for international ...
On 11 March 2013, an agreement was made between AirAsia Philippines to swap shares with Philippine-based airline Zest Airways. Zest Airways received a mix of $16 million cash and a 13% share in AirAsia Philippines, while AirAsia Philippines now owns 85% of Zest Airways, with 49% of its voting rights. The deal closed on 10 May 2013.
The following is a list of low-cost carriers organised by home country. A low-cost carrier or low-cost airline (also known as a no-frills, discount or budget carrier or airline) is an airline that offers generally low fares in exchange for eliminating many traditional passenger services.
Cebgo, Inc., operating as Cebgo (stylized in all lowercase as cebgo ), is the regional brand of Cebu Pacific. It is the successor company to SEAIR, Inc., which previously operated as South East Asian Airlines and Tigerair Philippines. [4] It is now owned by JG Summit, the parent company of Cebu Pacific which operates the airline.
LONDON/SINGAPORE (Reuters) -Global stocks slipped on Friday after robust U.S. and German economic data bolstered prospects of interest rates staying higher for longer on both sides of the Atlantic.