AirAsia Philippines

Philippines AirAsia, Inc. is a Philippine low-cost airline based at Ninoy Aquino International Airport in Pasay, Metro Manila. The airline is the Philippine affiliate of the Malaysian AirAsia. The airline started as a joint venture among three Filipino investors and AirAsia Investments Ltd. (later AirAsia Aviation Limited), a subsidiary of AirAsia Berhad.

History

AirAsia Philippines was formally launched on 16 December 2010. On 15 August 2011, AirAsia Philippines took delivery of its first brand-new Airbus A320 aircraft. The airline planned to start operations by 2011 but was delayed due to the long duration of processing the new requirements instituted in 2008.

On 7 February 2012, the airline received its air operator's certificate (AOC). The airline commenced operations on 28 March by launching flights from its base at Clark International Airport to Kalibo and Davao City. It partnered with Victory Liner, one of the largest provincial bus companies operating in the Philippines, to provide free shuttle service for inbound and outbound passengers of Clark International Airport. Within that year, in addition to its first two destinations, AirAsia Philippines launched flights to Puerto Princesa, Kuala Lumpur, Hong Kong, Singapore, and Taipei.

On 11 March 2013, an agreement was made between AirAsia Philippines to swap shares with Philippine-based airline Zest Airways. 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 Zest Airways was rebranded AirAsia Zest. The agreement also gave AirAsia Philippines access to Ninoy Aquino International Airport, allowing further growth of its route network. By October 2013, AirAsia Philippines closed its Clark base to reduce further losses, and moved its operations to NAIA, initially at Terminal 4. It later moved its international flights to Terminal 3 by 2014. After two years of operating under separate brands, the two airlines merged to a single AOC in September 2015, with the AirAsia Zest brand being retired in December.

It continued its domestic and international expansion; in March 2017, the airline launched flights to Caticlan — the closest airport to Boracay, and reopened its Clark base. In October 2017, it began flying to Iloilo — a destination once served by AirAsia Zest, and started flying to Ho Chi Minh City in November. The following year, it opened a base in Cagayan de Oro.

On 1 July 2019, Philippines AirAsia launched its first flights to Japan, starting with Osaka. On 27 October, it started flying to Bacolod — another former AirAsia Zest destination — and was one of the highlights of that year's MassKara Festival.

The COVID-19 pandemic has adversely affected Philippines AirAsia's business. Plans for Philippines AirAsia to debut in the Philippine Stock Exchange (PSE) within 2020 was deferred in March, with the airline management deciding to focus on expanding its domestic operations after a government ban on China and South Korea in response to the worsening health situation threatened 30% of the airlines' revenue. It also retrenched 624 employees due to the pandemic. Flights to General Santos and Zamboanga City — which were originally set to launch in March — began in October.

As travel restrictions eased in 2022, Philippines AirAsia started to rebuild its network by adding more flights, launching flights to Dumaguete and Roxas City, and resuming most international flights starting 27 May 2022. In February 2023, it launched daily flights to Tokyo, and resumed flights to Guangzhou, Shenzhen, and Macau. Amid a fleet shortage, flights to General Santos ended in 2022, while flights to Dumaguete and Zamboanga ended in 2023.

On 1 July 2023, Philippines AirAsia transferred its domestic operations at Ninoy Aquino International Airport from the highly congested Terminal 4 to the larger Terminal 2. Although its international flights remained at Terminal 3, it requested to the Manila International Airport Authority (MIAA) to transfer its international flights to Terminal 1 for operational efficiency. This was rejected by MIAA due to space limitations, given that flag carrier Philippine Airlines have predominantly occupied the terminal with no space for AirAsia to fit in.

In 2024, Philippines AirAsia terminated all flights to mainland China (except Hong Kong and Macau) due to weak demand amid geopolitical tensions. On 18 October 2024, the airline suspended its inter-island flights out of Cebu, effectively closing its hub at Mactan–Cebu International Airport. It attempted to launch flights to Nagoya in the same month, but were cancelled due to operational circumstances. After nearly thirteen years, on 22 January 2025, Philippines AirAsia ended flights to Davao City due to competitive pricing; it plans to reassign its aircraft to its top-performing destinations instead, like Bohol, Boracay, Palawan, and Tacloban.

In March 2025, Philippines AirAsia revisited its plans to debut in the PSE, while announcing its fleet expansion.

Corporate affairs

Philippines AirAsia is headquartered at the RedPoint office at Ninoy Aquino International Airport Terminal 3 in Pasay, Metro Manila. RedPoint has been the airline's headquarters since October 2019; the airline was previously headquartered at the Salem Complex near NAIA Terminal 4.

The airline is a joint venture between three Filipino businessmen and AirAsia. 60% of the airline is owned by Filipino investors Antonio O. Cojuangco, Jr., former owner of Associated Broadcasting Company and owner of Dream Satellite TV, Michael L. Romero, a real estate developer and port operator, and Marianne Hontiveros, a former music industry executive and TV host. The remaining 40% is owned by AirAsia Investments Ltd. (later AirAsia Aviation Limited) of Malaysia. The Public Service Act of the Philippines, prior to its amendment in 2022, only allowed a foreign direct investment of up to 40% in Philippine-registered airlines.

In June 2019, Romero's F&S Holdings bought the shares owned by Alfredo Yao and Hontiveros, thus becoming the new majority shareholder in the company. Four months later, Romero acquired Cojuangco's shares, becoming the sole local owner (and parent company) of the airline. In June 2023, F&S Holdings sold all of its shares to AA Com Travel Philippines for an undisclosed amount.

Destinations

, Philippines AirAsia flies (or has flown) to the following destinations:

Fleet

, Philippines AirAsia operates the following aircraft:

Sports teams

* AirAsia Philippine Patriots ( ASEAN Basketball League, 2010–2012)
* AirAsia Flying Spikers (Philippine Super Liga, 2014)

See also

* List of airlines of the Philippines
* List of airports in the Philippines
* List of companies of the Philippines
* List of low-cost airlines
* Transportation in the Philippines

References

External links

*

{{Airlines of the Philippines

Airlines of the Philippines
Airlines established in 2010
AirAsia
Companies based in Pasay
Low-cost carriers
Philippine companies established in 2010