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Dec 10, 2022 · Published Dec 10, 2022. A look back at AirAsia's low-cost Philippine airline. Photo: AirAsia Phillipines. Today we will look at what happened to the Philippines' low-cost carrier AirAsia Zest and how it ended up being merged with Malaysian multinational airline AirAsia.
AirAsia Zest was a low-cost airline based at Ninoy Aquino International Airport in Pasay City, Metro Manila in the Philippines. While the airline did fly internationally, it mainly offered domestic flights that linked Manilla and Cebu with a number of domestic destinations within the Philippines.
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. The agreement also gave AirAsia Philippines access to Ninoy Aquino International Airport, allowing further growth of its route network. [14] .
Jan 19, 2024 · Zest Airways, Inc., operated as AirAsia Zest (formerly Asian Spirit and Zest Air ), was a Filipino low-cost airline based at Ninoy Aquino International Airport in Pasay, Metro Manila in the Philippines.
Oct 21, 2013 · AirAsia Zest; IATA Z2: ICAO EZD: Callsign ZEST: Country: Philippines: Started Operations: 21 Oct 2013: Ceased operations: Dec 2015 Philippines AirAsia (Z2 / APG) Group / Part of: AirAsia (Group) Base / Main Hub: Manila Ninoy Aquino International (MNL / RPLL) Official Site: airasia.com
Mar 11, 2013 · Fast expanding low-cost venture AirAsia is to grow its activities in the Philippines after agreeing terms with the majority shareholder of Zest Air Group to acquire a 49 per cent share of the...
