Air Asia

INTRODUCTION ( Tan Sri Dr. Tony Fernandes) conclave CEO, AirAsia Berhad AirAsia Berhad (MYX: 5099) is a Malaysian-based low-cost airline. AirAsia is Asias largest low-fare, essential airline and a pioneer of low-cost travel in Asia.[4] AirAsia group operates scheduled domestic and international flights to over four hundred destinations spanning 25 countries. Its main hub is the Low-Cost Carrier Terminal (LCCT) at Kuala Lumpur multinational aerodrome (KLIA). Its affiliate airlines Thai AirAsia, Indonesia AirAsia, AirAsia Philippines and AirAsia Japan perk up hubs in Suvarnabhumi Airport, Soekarno-Hatta International Airport, Clark International Airport and Narita International Airport respectively. AirAsias registered office is in Petaling Jaya, Selangor while its head office is at Kuala Lumpur International Airport. HISTORY * Establishment AirAsia was established in 1993 and began operations on 18 November 1996. It was originally founded by a government-owned conglomerate, DRB-Hicom. On 2 celestial latitude 2001 the heavily-indebted airline was bought by former Time Warner executive Tony Fernandess connection Tune Air Sdn Bhd for the token sum of one ringgit (about USD 0.26 at the time) with USD 11 million (MYR 40 million) worth of debts.

Fernandes turned the troupe around, producing a profit in 2002 and launching new routes from its hub in Kuala Lumpur, undercutting former monopoly operator Malaysia Airlines with promotional fares as low as MYR 1 (USD 0.27). SUBSIDIARIES * Thai AirAsia * Indonesia AirAsia * AirAsia Philippines * AirAsia X * AirAsia Japan Founded| 1993| Hubs| Kuala Lumpur International Airport| Secondary hubs| * Kota Kinabalu International Airport * Penang International Airport * Kuching International Airport| overhaul size| 54 excl. subsidiaries| Destinations| 88 inc.subsidiaries| Company slogan| at one time Everyone Can Fly| Parent company| Tune Group| Headquarters| Registered office: Petaling Jaya,... If you want to get a beat essay, order it on our website: Orderessay

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