AirAsia, Zest sign ‘dream alliance’
By Paolo G. Montecillo
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.
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.
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.
Local budget carrier Zest Airways and Malaysia’s AirAsia group are forming a strategic partnership in the airline business in a bid to create a stronger player in the highly competitive Philippine aviation industry.
Malaysia’s AirAsia Group is hopeful that operations in the Philippines will finally turn profitable this year as the brand gains popularity in the country’s growing domestic travel market. AirAsia Berhad reported last week that its revenues reached a record 1.4 billion ringgit for the fourth quarter of 2012, up 10 percent year on year, [...]
AirAsia, Asia’s largest low-cost carrier by fleet size, said Tuesday that its fourth-quarter profit jumped 168 percent year on year amid increased passengers.
More than 800 7-Eleven stores will accept cash payments for one of the country’s low cost carrier, AirAsia, starting next week, the airline announced on Friday.
Asia’s biggest low-cost carrier AirAsia said Thursday its new airline joint venture with India’s giant tea-to-steel Tata conglomerate may start operations by yearend.
AirAsia, Southeast Asia’s top budget carrier, said Wednesday it will set up an airline with India’s Tata conglomerate to tap the world’s second most populous nation after moves to liberalize its airline industry.
Asia’s largest low-cost carrier AirAsia on Wednesday announced plans to invest in an airline joint venture with India’s giant Tata conglomerate and another party.
AirAsia, Asia’s largest low-cost carrier, has scrapped plans for a Singapore joint venture due to high operating costs and lack of domestic market potential in the island republic.
AirAsia is opening more doors for overseas Filipino workers as well as tourists this holiday season by offering low cost flights to Singapore and Taiwan from Clark, Pampanga.
Budget carrier AirAsia Inc. launched its new Clark-to-Singapore route on Saturday, adding another international route to its expanding regional network.
