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The airline was founded as Asian Spirit, the first airline in the Philippines to be run as a cooperative. After its acquisition by AMY Holdings of businessman Alfredo Yao in 2008, the airline was rebranded as Zest Airways. In 2013, the airline was rebranded as AirAsia Zest and became an affiliate of Philippines AirAsia operating their brand ...
On 11 March 2013, an agreement was made between AirAsia Philippines to swap shares with Philippine-based airline Zest Airways. [12] Zest Airways received a mix of $16 million cash and a 13% share in AirAsia Philippines, while AirAsia Philippines now owns 85% of Zest Airways, with 49% of its voting rights. The deal closed on 10 May 2013, and ...
There are two main domestic airline groups doing business as Philippine Airlines and Cebu Pacific, with AirAsia Philippines competing on some international routes. The domestic market is dominated by the Cebu Pacific group which has a 53% market share, followed by the Philippine Airlines group which has 31%, followed by AirAsia , having a 16% ...
Airline Image IATA ICAO Callsign Commenced operations Ceased operations Notes Aboitiz Air: BOI: 1988: 2010: Renamed 2GO: Aero Filipinas: AJ: AFI: 1982: 1985: Aerolift Philippines
Airline Call sign Country Comments BZE Zenith Aviation: ZENSTAR United Kingdom 2014 [1] AZB Zaab Air: ZAAB AIR Ghana AZJ Zas Air: Egypt AZR Zenith Air: ZENAIR South Africa CDC Zhejiang Loong Airlines: HUALONG China CIT Zanesville Aviation: ZANE United States EMR Zenmour Airlines: ZENMOUR Mauritania EZD Zest Airways: ZEST AIRWAYS Philippines GZQ ...
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