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AirAsia to open Kuala Lumpur-Kalibo route in April

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Malaysian tourists will soon be closer to savoring the world renowned white sands of Boracay with AirAsia’s opening of direct flights from Kuala Lumpur to Kalibo, Aklan in April.

Posted: February 21st, 2014 in Latest Business Stories | Read More »

Philippines’ AirAsia re-aligns operations in Clark Airport

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Philippines’ AirAsia will be temporarily suspending flights to Davao, Kalibo, Taipei and Hong Kong from Clark International Airport effective October 9.

Posted: September 14th, 2013 in Latest Business Stories | Read More »

Rebranding of Zest Air seen as early as September

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Zest Air could pursue its “rebranding” as early as next month, in line with a strategy by Malaysia’s AirAsia Bhd., which acquired a minority stake in Zest in March.

Posted: August 30th, 2013 in Headlines | Read More »

AirAsia profit slumps 62 percent

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AirAsia, Asia’s largest low-cost carrier by fleet size, said Wednesday its net profit slumped 62 per cent in the second quarter due to higher operating expenses and foreign-exchange losses on borrowings.

Posted: August 21st, 2013 in Latest Business Stories | Read More »

AirAsia Japan rebranded ‘Vanilla Air’

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Budget carrier AirAsia Japan is being rebranded as Vanilla Air, the airline announced Tuesday, with its president saying that vanilla is “loved by everyone in the world.”

Posted: August 20th, 2013 in Latest Business Stories | Read More »

Japan’s ANA and AirAsia to dissolve budget carrier

A cabin attendant serves to passengers on a Boeing 787 plane of the All Nippon Airways during its flight from New Chitose Airport, near Sapporo, northern Japan, to Haneda Airport Sunday, May 26, 2013. ANA and AirAsia said Tuesday, June 25, 2013, they have agreed to terminate their budget carrier joint venture as business slumped amid management clashes, dealing a blow to the country's fledgling low-cost sector.  AP/KYODO NEWS

Japan’s All Nippon Airways and AirAsia said Tuesday they have agreed to terminate their budget carrier joint venture as business slumped amid management clashes, dealing a blow to the country’s fledgling low-cost sector.

Posted: June 26th, 2013 in Latest Business Stories | Read More »

AirAsia to cut ties with Japan’s ANA—report

All Nippon Airways' Boeing 787 plane bound for Frankfurt, the first regular, scheduled flight since the grounding, heads to the runway at Haneda airport in Tokyo on June 1, 2013. Asia's largest budget carrier AirAsia is to pull out of its partnership with ANA because of slumping business, a report said Monday, June 10, 2013.  AP PHOTO/KYODO NEWS

Asia’s largest budget carrier AirAsia is to pull out of its partnership with Japan’s All Nippon Airways because of slumping business, a report said Monday.

Posted: June 11th, 2013 in Latest Business Stories | Read More »

AirAsiaX plans huge fleet expansion with IPO

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Malaysian long-haul budget carrier AirAsia X said Monday it plans to use proceeds from a public listing to more than triple its fleet in the next four years to meet demand in Asia-Pacific.

Posted: June 10th, 2013 in Latest Business Stories | Read More »

AirAsia completes deal with Zest Airways

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Malaysia’s AirAsia Berhad has completed its acquisition of a 49-percent stake in local airline Zest Airways, giving the regional budget air travel giant a foothold in the Philippines’ main gateway in Manila.

Posted: May 24th, 2013 in Headlines | Read More »

AirAsia net profit falls nearly 40% in 1st quarter

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AirAsia, Asia’s largest low-cost carrier by fleet size, said Wednesday that first-quarter net profit fell 39 percent year-on-year due to a foreign exchange loss on borrowings.

Posted: May 23rd, 2013 in Latest Business Stories | Read More »

AirAsia, Zest sign ‘dream alliance’

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airasia-zestair

The local unit of Malaysia’s AirAsia and Alfred Yao’s Zest Airways have
joined forces in a “dream merger” that will take on bigger rivals that dominate the country’s air travel industry.

Posted: March 11th, 2013 in Editor's Pick,Headlines | Read More »

AirAsia acquires 49 percent of Zest Air

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airasia-zestair

The Philippine unit of AirAsia has expanded its foothold in the country’s airline market by acquiring 49 percent of local budget carrier Zest Airways Inc.

Posted: March 11th, 2013 in Latest Business Stories | Read More »

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