PT Indonesia AirAsia, operating as Indonesia AirAsia, is a low-cost airline based in Tangerang, Indonesia. It operates scheduled domestic, international services and is an Indonesian associate carrier of Malaysian low-fare airline AirAsia. Its main base is Soekarno-Hatta International Airport in Jakarta. Until July 2010, Indonesia Air Asia, along with many Indonesian airlines, was banned from flying to the EU due to safety concerns. However, the ban was lifted in July 2010. Indonesia AirAsia is listed in category 1 by the Indonesian Civil Aviation Authority for airline safety quality.

The airline was established as Awair (Air Wagon International) in 1999 by Abdurrahman Wahid, chairman of the Nahdlatul Ulama. It is the largest Muslim organisation in Indonesia. He had a 40% stake in the airline which he relinquished after being elected president of Indonesia in late October 1999. It started operations on 22 June 2000 with Airbus A300, A310 and A320 aircraft, but all flights were suspended in March 2002. Awair restarted operating domestically within Indonesia as an associate of AirAsia in January 2005.

On 1 December 2005, Awair changed its name to Indonesia AirAsia in line with the other AirAsia branded airlines in the region. AirAsia Berhad has a 49% share in the airline with Fersindo Nusaperkasa owning 51%. Indonesia's laws disallow majority foreign ownership on domestic civil aviation operations.

The company appointed CIMB Securities Indonesia and Credit Suisse Securities Indonesia as joint-lead underwriters for the 20 percent IPO in the fourth quarter 2011.

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