AirAsia Zest gets CAB approval
MANILA, Philippines (CORRECTED) - Get ready for rebranded AirAsia Zest to take to the skies. This as the Civil Aeronautics Board (CAB) approved AirAsia Inc. Philippines and affiliate Zest Airways Inc.'s plan to launch AirAsia Zest.
The CAB also approved the new logo of the airline, formerly Zest Air, which incorporates the Zest name in the AirAsia logo. AirAsia will remain a separate airline.
AirAsia Zest will be mounting flights at the Ninoy Aquino International Airport (NAIA) in Manila.
"We are excited to introduce AirAsia Zest, and what it represents. With our alliance, we are well positioned to offer our guests the strength of our combined network of domestic and international routes and unrivaled daily low fares, proving a world class travel experience that every Filipino deserves," Michael Romero, chairman of AirAsia Zest, said.
Earlier, The Philippine Star reported that all the shareholders of ZestAir, including AirAsia Philippines, are committed to infusing $100 million worth of investments between May and December this year to recover heavy losses booked arising from the suspension of its operations by CAAP last month.
Last August 16, the CAAP suspended ZestAir's permit to fly due to several violations, but this was lifted after four days.