AirAsia Philippines

AirAsia Philippines
IATA ICAO Callsign
PQ APG COOL RED
Founded December 2010
Hubs Ninoy Aquino International Airport
Frequent-flyer program BIG[1]
Subsidiaries AirAsia Zest
Fleet size 10 [2]
Destinations 12
Headquarters Philippines Clark Freeport Zone, Pampanga
Key people Antonio O. Cojuangco, Jr. (Chairman)
Michael L. Romero (Vice-Chairman)
Marianne Hontiveros (CEO)
Website www.airasia.com/ph

AirAsia Inc., operating as AirAsia Philippines is a low-cost airline based at Ninoy Aquino International Airport in Metro Manila in the Philippines.[3] The airline is the Philippine affiliate of AirAsia, a low-cost airline based in Malaysia. The airline started as a joint venture between three Filipino investors and AirAsia International Ltd, a subsidiary of AirAsia Berhad.

The original Filipino group includes: Antonio O. Cojuangco, Jr., former owner of Associated Broadcasting Company/owner of Dream Satellite TV; Michael L. Romero, a real estate developer and port operator; and Marianne Hontiveros, a former music industry executive and TV host.[4] In 2013, a share-swap agreement with Zest Airways added Alfredo Yao of Zest-O Corporation as an additional owner of the company. Zest Airways was rebranded as AirAsia Zest and will operate as a separate brand from AirAsia.[5]

History

Since section 10, Article XII of the Philippine Constitution does not allow 100% foreign ownership of a Philippine-registered business,[6] Malaysian investor Tony Fernandes entered into a 40-60 joint venture with a group of Filipino business people. The joint venture application was approved on December 7, 2010 by the Board of Investments of the Philippines.

On August 15, 2011, Philippines AirAsia took delivery of its first aircraft,[7] a brand-new Airbus A320 which arrived at Clark International Airport in Clark, Angeles City, Pampanga. On November 8, 2011, Philippines AirAsia took delivery of its second A320.

On February 7, 2012, the airline received its Air Operator Certificate[8] from the Civil Aviation Authority of the Philippines which gives the airline permission to fly in Philippine airspace.

On April 8, 2012, Philippines AirAsia partnered with Victory Liner, one of the largest provincial bus companies operating in the Philippines, to provide free shuttle service for inbound and outbound passengers of Clark International Airport.[9]

An Airbus A320-200 of Philippines AirAsia over Singapore Changi Airport.

On March 11, 2013, an agreement was made between Philippines AirAsia to swap shares with Philippine-based airline AirAsia Zest. Zest Airways received a mix of $16 million cash and a 13% share in Philippines AirAsia, while Philippines AirAsia now owns 85% of Zest Airways, with 49% of its voting rights. The share swap also gives Philippines AirAsia access to Ninoy Aquino International Airport, allowing further growth of its route network. The deal closed on May 10, 2013.

Destinations

AirAsia Philippines commenced its operations in March 2012 utilising two brand new Airbus 320-200. Following the establishment of AirAsia Zest in the Filipino market, most of the crews, flights and service were merged under the latter brand.

In the three months ending March 31, 2013, Philippines AirAsia carried 144,215 passengers.[10]

Fleet

The AirAsia Philippines fleet consists of the following aircraft:

Aircraft Total Orders Passengers Notes
Airbus A320-200 10 20 180 AirAsia Zest Fleet With Air Asia Livery.

Sports teams

References

  1. ↑ Join BIG! AirAsia BIG Loyalty Programme
  2. ↑ http://www.planespotters.net/Airline/AirAsia-Philippines
  3. ↑ AirAsia launches Philippine joint venture | The Manila Bulletin Newspaper Online
  4. ↑ "AirAsia insider: Marianne Hontiveros". Retrieved June 7, 2013.
  5. ↑ Agcaoili, Lawrence (May 25, 2013). "AirAsia acquires 85% interest in ZestAir". The Philippine Star. Retrieved June 7, 2013.
  6. ↑ http://www.gov.ph/the-philippine-constitutions/the-1987-constitution-of-the-republic-of-the-philippines/the-1987-constitution-of-the-republic-of-the-philippines-article-xii/
  7. ↑ http://www.journal.com.ph/index.php/news/provincial/11352-airasia-first-comml-plane-arrives-at-dmia-from-france
  8. ↑ TTG Asia - Leader in Hotel, Airlines, Tourism and Travel Trade News - Philippines AirAsia gets license to fly
  9. ↑ Navales, Reynaldo G (April 8, 2012). "Victory Liner, AirAsia provide free shuttle for Clark passengers". Sun.Star Pampanga. Sun.Star Publishing, Inc. Retrieved February 11, 2014.
  10. ↑ Agcaoili, Lawrence (May 6, 2013). "AirAsia passengers reach 144,215 in Q1". The Philippine Star. Retrieved June 7, 2013.

External links

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