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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 Tune Air Sdn Bhd for the token sum of one ringgit ...
However, due to the low-cost model of the business, this would be unlikely and it is possible that a significant number destinations may be terminated to optimise route efficiency. AirAsia has 180 flights daily, not including its subsidiaries airlines. AirAsia X has 21 flights daily.
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 agreement also gave AirAsia Philippines access to Ninoy Aquino International Airport, allowing further growth of its route network. [14]
Website. www.airasia.com. Thai AirAsia (SET: AAV, Thai: ไทยแอร์เอเชีย) is a Thai low-cost airline. It is a joint venture of Malaysian AirAsia (แอร์เอเชีย) and Thailand's Asia Aviation. It serves AirAsia's regularly scheduled domestic and international flights from Bangkok and other cities in Thailand.
AirAsia Cambodia (Khmer: អ៊ែរ អេស៊ា ខេមបូឌា) is a Cambodian low-cost airline based at Phnom Penh International Airport. It is a joint venture between the Malaysian AirAsia and Cambodian local enterprise Sivilai Asia .
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AirAsia X Berhad, doing business as AirAsia X (previously known as FlyAsianXpress Sdn. Bhd.), [3] 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.