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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. [7]
The idea of airline food being so delicious that it should be offered on the ground is laughable to most people, but Air Asia Group’s CEO Tony Fernandes is dead serious about opening a fast-food ...
This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline.. A company or firm in which the holding company owns a significant portion of voting shares, usually 20–50% or a "minority of share ownership", is known as an associate company.
This is a list of current and confirmed prospective destinations that AirAsia and its subsidiaries Indonesia AirAsia, Thai AirAsia, Philippines AirAsia, AirAsia Cambodia, AirAsia X and Thai AirAsia X are flying to, as of January 2025.
Air Asia was created out of Civil Air Transport (CAT) in 1955 as Air America's aircraft service unit. [1]In 1949, CAT, in order to prepare for the ROC government's evacuation from the mainland, bought two ships to house all aircraft maintenance equipment and parts to evacuate to Taiwan.
A buy out of Batavia Air was announced on 26 July 2012, that was to be done in two stages; AirAsia would buy 76.95% shares from Metro Batavia in a partnership with Fersindo Nusaperkasa (Indonesia AirAsia). Following that, by 2013, AirAsia was to acquire the remaining 23.05% held by other shareholders.
On 18 September 2013, AirAsia X signed a shareholders agreement with Tassapon Bijleveld and Julpas Krueospon to establish a joint venture co-operation for a long-haul low-cost airline, a Thai company named Thai AirAsia X Company Limited was started in which AirAsia took a 49% share. [4]
The remaining 40% is owned by AirAsia Investments Ltd. (later AirAsia Aviation Limited) of Malaysia. [6] The Public Service Act of the Philippines, prior to its amendment in 2022, only allowed a foreign direct investment of up to 40% in Philippine-registered airlines. [37]