“Philippines and Indonesia (AirAsia) will have their best ever years. Both airasia Pillipines and Indonesia will take more planes than Malaysia or Thailand. First time on our history. We now have four engines of growth.” Tweets AirAsia Boss Tony Fernandez.
AirAsia Philippines currently has 22 Airbus A320s and became the third largest airline in the country after, Cebu Pacific, and Phillipines Airlines.
The carrier (IATA code Z2) started as Zest Air before becoming part of the AirAsia family and being rebranded as AirAsia Zest and merged into Philippines AirAsia in January 2016.
AirAsia’s domestic Philippines traffic surged by 30% in 2017, to 3.4 million passengers and captured a 14% share of the domestic market in 2017
On the other hand, Indonesia AirAsia has never captured more than a 5% share of the domestic market. Indonesia AirAsia’s domestic traffic has declined for four consecutive years, resulting in a drop in market share from 4% in 2013 to 2% in 2017.
Indonesia AirAsia currently operates 24 A320s to 15 destinations.