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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 ...
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 ...
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.
It is the successor company to 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. The airline's main base has been transferred from Clark International Airport in Angeles City to Ninoy Aquino International Airport in Metro Manila .
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
Fil-Asian Airways: Consumer services Airlines Cebu: 2011 Airline, defunct 2014 P D Filinvest: Conglomerates - Taguig: 1955 Real estate, hotels, tourism, banking P A First Philippine Holdings Corporation: Conglomerate Power generation and distribution Pasig: 1961 Electricity, part of Lopez Group: P A Food Terminal Inc. Industrial and ...
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