AirAsia is a Malaysian-based low-cost airline. AirAsia is Asia’s largest low-fare, no-frills airline and a pioneer of low-cost travel in Asia. AirAsia group operates scheduled domestic and international flights. Its main hub is the Low-Cost Carrier Terminal at Kuala Lumpur International Airport.
AirAsia was established in 1993 and began operations in 1996. It was originally founded by a government-owned conglomerate. In 2001 the heavily-indebted airline was bought by Tune Air Sdn Bhd for the token sum of one riggit. Tune Air turned the company around, producing a profit in 2002 and launching new routes from its hub in Kuala Lumpur. In 2003, AirAsia launched its first international flight to Bangkok. AirAsia has since started a Thai subsidiary (Thai AirAsia). AirAsia proposes to strengthen and enhance its route network by connecting all the existing cities in the region and expanding further into Vietnam, Indonesia, Southern China and India. The airline will focus on developing its hubs in Bangkok and Jakarta through its sister companies, Thai AirAsia and Indonesia AirAsia.