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Airasia

AirAsia
AirAsia New Logo.svg
IATA ICAO Callsign
AK AXM RED CAP
Founded 20 December 1993; 23 years ago (1993-12-20)
Commenced operations 16 November 1996
Hubs Kuala Lumpur International Airport
Secondary hubs
Focus cities Changi International Airport
Frequent-flyer program BIG Loyalty Programme
Subsidiaries
Fleet size 80 (not included subsidiaries)
Destinations 72 (Included subsidiaries)
Company slogan "Now Everyone Can Fly"
Parent company Tune Group
Headquarters Kuala Lumpur International Airport
Sepang, Selangor, Malaysia
Key people
  • Tony Fernandes, Co-founder and CEO of AirAsia Group
  • Aireen Omar, CEO
Revenue IncreaseRM 5.01 billion billion/US$ 1.12 billion(1~3Q 2016)
Net income Increase RM 1.574 billion/US$ 354 million (1~3Q2016)
Employees 17,000 (2016)
Website www.airasia.com

AirAsia Berhad (MYX: ) is a Malaysian low-cost airline headquartered near Kuala Lumpur, Malaysia. It is the largest airline in Malaysia by fleet size and destinations, and Asia's largest low-cost airline by passengers carried and jet fleet. AirAsia Group operates scheduled domestic and international flights to more than 165 destinations spanning 25 countries. Its main hub is klia2, the low-cost carrier terminal at Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia. Its affiliate airlines Thai AirAsia, Indonesia AirAsia, Philippines AirAsia, and AirAsia India have hubs in Don Mueang International Airport, Soekarno–Hatta International Airport, Ninoy Aquino International Airport, and Kempegowda International Airport respectively, while its sister airline, AirAsia X, focuses on long-haul routes. AirAsia's registered office is in Petaling Jaya, Selangor while its head office is at Kuala Lumpur International Airport.

AirAsia operates with the world's lowest unit cost of US$0.023 per available seat kilometre (ASK) and a passenger breakeven load factor of 52%. It has hedged 100% of its fuel requirements for the next three years, achieves an aircraft turnaround time of 25 minutes, has a crew productivity level that is better that of Malaysia Airlines, and achieves an average aircraft utilisation rate of 13 hours a day. In 2007 Joshua Kurlantzick of The New York Times described the airline as a "pioneer" of low-cost travel in Asia. AirAsia is the sponsor of Malaysia national football team, Singapore national football team and Queens Park Rangers. AirAsia is also a former sponsor of Manchester United and Asia Red Tour.


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