Air Asia Philippines Opens 5 New Flights in 2011

The local unit of Southeast Asia’s biggest low-cost carrier (LCC) plans to mount flight to five Southeast Asian countries plus China by September, according to the airline’s executive.

“We’re looking at Southeast Asian region plus China to be the first five or six hubs by September 1,” Michael Romero, vice-chairman of Air Asia Philippines (AAP) told reporters.

He said the airline will fly in Singapore, Kuala Lumpur, Jakarta, Hongkong, Bangkok and China.

Romero said AAP will be using five brand-new Airbus A320 by September.
“We will build a 20 fleets within the next five years,” Romero added.
Earlier, Air Asia International Ltd. partnered with Antonio Cojuangco Jr., Romero and Marianne Hontiveros to form an LCC in the Philippines based on the Malaysian carrier’s business model.

Cojuangco is a former chairman of Philippine Long Distance Telephone Co. (PLDT) and cousin of President Benigno Aquino III, while Romero is the chairman of Harbour Centre Port Terminal Inc. (HCPTI).

Air Asia will hold a 40-percent equity in Air Asia Inc., through AA International, while the remaining 60-percent will be held in equal partnership by Cojuangco, Romero and Hontiveros.

Under the joint venture agreement, Air Asia will provide technical, operational and commercial support to Air Asia Philippines.

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