Background Of Air Asia



Airasia never look back after that.

Background of air asia. On 2 december 2001 the heavily indebted government linked commercial airline was bought over by the current chief executive officer ceo of airasia tony fernandes. Air asia was established in 1993 and commenced its operations on 18th november 1996. Established in 1993 and officially started its operation on 18 november 1996 airasia is a low cost carrier lcc airline in the aviation industry.

1993 commenced operations. Since pioneering the short haul low cost carrier lcc model in asean in 2001 airasia has grown from a domestic airline in malaysia into asia s leading low cost airline serving more than 130 destinations across asia pacific. Airasia s extensive domestic and regional network includes.

Air asia established in 1993 with commenced operations in 1996. Airasia has been named the world s best low cost airline by skytrax for eleven years in a row from 2009 to 2019. However on 2nd december 2001 the heaviliy indebted airline was purchased by former time warner executive tony fernandes s company tune air sdn bhd for the token sum of one ringgit.

It was founded by a government owned conglomerate drb hicom. Airasia received its first a320neo in september 2016. Fernandes proceeded to engineer a remarkable turnaround turning a profit in 2002 and launching new routes from its hub in klia at breakneck.

Air asia started in 2001 with 2 old aircraft having bought the then loss making air asia from its malaysian owner drb hicom for a token of myr1 usd0 25 cents and myr40 million usd11 million in debt. Background air asia berhad is the only malaysian based low cost airline and also a pioneer of low cost travel in asia. Air asia plans to fly these larger aircraft to airports that have infrastructure constraints.

The carrier which was formed out of tune air in 2002 is led by ceo tony fernandes and pioneered the cross border joint venture in asia establishing thai and indonesian units with bases in bangkok and jakarta. In 2001 tune air sdn bhd tony fernandes s company purchased this airline from drb hicom. This airline was originally founded by a government owned conglomerate drb hicom.

Together with its affiliates in thailand indonesia the philippines india and japan airasia is the largest low cost carrier in asia by passengers carried. The main hub is the low cost carrier terminal lcct at kuala lumpur international airport. Air asia berhad background.

Airasia was established in 1994 and began operations on 18 november 1996. Air asia was established in the year 1993 and started its operations on the 18 november 1996. Airasia s first and main base is the low cost carrier terminal lcct at kuala lumpur international airport while its secondary hubs are at kota kinabalu international airport senai international airport and penang international airport.