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Zest Airways, Inc., operated as AirAsia Zest (formerly Asian Spirit and Zest Air), was a Filipino low-cost airline based at Ninoy Aquino International Airport in ...
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.
Rebranded as AirAsia Zest: See also. List of airlines of the Philippines; List of airports in the Philippines; References
AirAsia was established on December 20, 1993, by DRB-HICOM, a Malaysian government-owned conglomerate, as a full-service carrier.The airline commenced operations on November 18, 1996, with its inaugural flight from Kuala Lumpur to Langkawi, utilising a Boeing 737-300. [3]
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 .
This page was last edited on 18 November 2024, at 04:53 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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