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Indonesia AirAsia in the old red and white livery. 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 ...
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. [3]
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 February 2025. Due to the coronavirus pandemic, the route list (especially for international destinations) may not be up to ...
From 1988 to 1993, Kamarudin worked for the Arab-Malaysian Merchant Bank as a Portfolio Manager. He then moved in 1994 to Innosabah Executive Management as executive director. [4] He was appointed Director of AirAsia in 2001, then as Executive director in 2004, then as Deputy CEO in 2005. He took on the role of Treasurer on top of that in 2012.
Energi Mega Persada (“ENRG”) a company focused on developing and exploring the upstream oil and gas in Indonesia was founded. [6] Bakrie Group also acquired 80% of the coal mining company PT. Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003.
Name of Bank Founded Majority Owner Notes Bank Aladin Syariah: 16 September 1994 [15] Aladin Global Ventures Foreign exchange bank Bank BCA Syariah: 21 May 1991 Bank Central Asia: Non-foreign exchange bank Bank BTPN Syariah: 7 March 1991 Bank SMBC Indonesia KB Bank Syariah: 24 December 1971 KB Bank Bank Mega Syariah: 14 July 1990 Bank Mega ...
AirAsia, the heavily indebted subsidiary of the Malaysian government-owned conglomerate, DRB-Hicom, was then losing money. Fernandes mortgaged his home and used his personal savings to acquire the company, comprising two Boeing 737-300 jet aircraft and debts of US$11 million (RM40 million), for one ringgit (about 26 US cents). [ 13 ]
[37] [38] The Tata Group requested approval from the Competition Commission of India (CCI) to merge AirAsia India with Air India Limited in April 2022, [39] which was granted on 14 June 2022. [40] On 2 November 2022, AirAsia Berhad sold the remaining 16.33% stake to Tata Sons. However, the AirAsia brand could still be used for twelve months. [41]