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Air Asia
INTRODUCTION :AirAsia Berhad is a Malaysian low-cost airline headquartered in Kuala Lumpur, Malaysia. It has been named as the world's best low-cost airline, and a pioneer of low-cost travel in Asia. AirAsia group operates scheduled domestic and international flights to 78 destinations spanning 25 countries. Its main hub is the Low-Cost Carrier Terminal (LCCT) at Kuala Lumpur International Airport (KLIA). Its affiliate airlines Thai AirAsia, Indonesia AirAsia, Philippines AirAsia, HYPERLINK "http://en.wikipedia.org/wiki/AirAsia_Japan" \o "AirAsia Japan" AirAsia Japan and HYPERLINK "http://en.wikipedia.org/wiki/AirAsia_Zest" \o "AirAsia Zest" AirAsia Zest have hubs in Don Mueang International Airport, HYPERLINK "http://en.wikipedia.org/wiki/Soekarno%E2%80%93Hatta_International_Airport" \o "Soekarno–Hatta International Airport" Soekarno–Hatta International Airport, Clark International Airport, Narita International Airport, HYPERLINK "http://en.wikipedia.org/wiki/Ninoy_Aquino_International_Airport" \o "Ninoy Aquino International Airport" Ninoy Aquino International Airport andMactan-Cebu International Airport respectively. AirAsia's registered office is in HYPERLINK "http://en.wikipedia.org/wiki/Petaling_Jaya" \o "Petaling Jaya" Petaling Jaya, Selangor while its head office is at Kuala Lumpur International Airport.
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 December 2001 the heavily indebted airline was bought by former Time Warner executive Tony Fernandes's company 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 company around, producing a profit in 2002. AirAsia's CEO Tony Fernandes subsequently unveiled a five-year plan to further enhance its presence in Asia. Under the plan, AirAsia proposes to strengthen and enhance its route network by
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