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The airline was founded as Asian Spirit, the first airline in the Philippines to be run as a cooperative. After its acquisition by AMY Holdings of businessman Alfredo Yao in 2008, the airline was rebranded as Zest Airways. In 2013, the airline was rebranded as AirAsia Zest and became an affiliate of Philippines AirAsia operating their brand ...
Zest Air: Z2: EZD: 2008: 2013: Rebranded as AirAsia Zest: See also. List of airlines of the Philippines; List of airports in the Philippines; References
On 11 March 2013, an agreement was made between AirAsia Philippines to swap shares with Philippine-based airline Zest Airways. [12] 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, and ...
This is a list of all airline codes. The table lists the IATA airline designators , the ICAO airline designators and the airline call signs (telephony designator). Historical assignments are also included for completeness.
The domestic market is dominated by the Cebu Pacific group which has a 53% market share, followed by the Philippine Airlines group which has 31%, followed by AirAsia, having a 16% share. This list of airlines enumerates local airlines in the Philippines which have a current air operator's certificate issued by the Civil Aviation Authority.
On April 11, 2012, a Cebu Pacific Airbus A320 (as Flight 640 departing for Manila) clipped the wingtip of a Zest Airways Airbus A320 while sitting on the apron around 6:30 p.m. The incident severed Zest Airways' navigation lights forcing the airline to cancel their return flight to Manila. [23]