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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. [7]
Thai AirAsia (SET: AAV, Thai: ไทยแอร์เอเชีย) is a Thai low-cost airline. It is a joint venture of Malaysian AirAsia (แอร์เอเชีย) and Thailand's Asia Aviation. It serves AirAsia's regularly scheduled domestic and international flights from Bangkok and other cities in Thailand.
The following is a list of low-cost carriers organised by home country. A low-cost carrier or low-cost airline (also known as a no-frills, discount or budget carrier or airline) is an airline that offers generally low fares in exchange for eliminating many traditional passenger services.
On May 21, 2013, Booking Holdings, then known as Priceline.com, acquired the company for $2.1 billion. [17] In September 2013, Kayak announced an office move to the Harbor Point district of Stamford, aided by a $2.5 million loan from the state of Connecticut. [18] In 2017, the company acquired Mundi, a Brazilian flight metasearch company. [19]
Tony Fernandes, the CEO of AirAsia, remains hopeful to resume a significant portion of its previous destinations with adjusted frequencies. [1] However, due to the low-cost model of the business, this would be unlikely and it is possible that a significant number destinations may be terminated to optimise route efficiency.
AirAsia X Berhad, operating as AirAsia X (formerly FlyAsianXpress Sdn. Bhd.), is a Malaysian long-haul, low-cost airline and a subsidiary of the AirAsia Group. The airline was initially established in 2006 as FlyAsian Express (FAX) and began by operating regional routes under Malaysia’s Rural Air Service .