What Happened To AirAsia Zest?
Staff, 2022-12-10 14:31:00,
Today we will look at what happened to the Philippines’ low-cost carrier AirAsia Zest and how it ended up being merged with Malaysian multinational airline AirAsia. Before an amendment to the Philippines Public Service Act this year, foreign registered companies were only allowed to have a 40% stake in Philippine airlines. Because of the law, Mayasiaian, AirAsia CEO Tony Fernandes agreed to enter into an agreement with Philippine investors for a 60%-40% ownership of a low-cost domestic airline.
AirAsia Philippines was founded on December 16, 2010, and in August of the following year, took delivery of a brand-new Airbus A320. The new airline had wanted to start operations in 2011 but was delayed due to requirements instituted by the Philippine government in 2008. In February 2012, AirAsia Philippines finally received its air operator certificate commencing flight on March 28. The airline’s first flights were between former American Air Force base Clark International Airport (CRK) to, Kalibo International Airport (KLO) and Francisco Bangoy International Airport (DVO) in Davao.
AirAsia Philippines offered a free shuttle bus service to the airport
AirAsia Philippines partnered with the country’s largest provincial bus operator, Victory Liner, to make its flights more attractive by offering a free shuttle service between the city center and the airport. In addition to the two domestic destinations, AirAsia Philippines started flying…
,
To read the original article from news.google.com, Click here
Private Internet Access gives you unparalleled access to thousands
of next-gen servers in over 83 countries and each US state. Your
VPN experience will always be fast, smooth, and reliable.
