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Airlines
AirAsia - airline information
General information
AirAsia is a young low fare carrier based in Malaysia. The airline founded in 1993 is already among the World's best rated low cost airlines. It has a fleet of 51, expected to grow above 170, perhaps even over 200 in the following years. The company has many subsidiaries and associates, it shows signs of stretching and extending further across southeast Asia. So far, except Malaysia, it is present in Vietnam, Thailand, Indonesia. It is rumoured that further expansion will happen into the southeastern part of Asia, for instance into Bangladesh.
Fact sheet
Destinations
48 destinations are served in 10 countries. The airline operates around 200 flights daily.
Fleet
Airbus A320 and Boeing 737 make up the entire fleet. Subsidiary airlines were not counted in, of course. They have a wider variety of airplanes.
Activity & market position
The company activates in Southeastern Asia, but is also planning to fly to Europe. AirAsia has a wide network of subsidiaries, has many partnerships.
Wholly-owned companies & stakes at other companies
The company has 3 subsidiaries, as follows:
This air carrier was born after the defunct Awair was bought in 2004 by AirAsia and reorganized, rebranded. It is based at Soekarno-Hatta International Airport.
Joint venture with the Shin Corporation. Established in December 2003, this company started operating flight in early 2004 from Bangkok's Don Mueang International Airport. The company is now based at Suwarnabhumi International Airport.
This latter one is a a joint venture between AirAsia and Vianshin (Vietnam Ship Building Industry Group) and will constitute the basis of a new low cost airline in Vietnam.
Associate companies
AirAsia is has the following associates:
AirAsia subcontracts air services within Sabah and Sarawak, which were operated by Malaysia Airlines. This (FlyAsian Express) is an airline owned by AirAsia. It was established on August 1, 2006.
Initially called AirAsia, it is a franchise of the mother company (AirAsia). It is planned to operate long haul flights to Europe with Airbus A330s.
Low cost hotel company in key cities in Malaysia.
Asia's first "no frills" online financial service.
Last modified/updated: October 9, 2007
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