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Line 63: ===Partnership with AirAsia and merger=== [[File:RP-C8997 - AirAsia Zest - Airbus A320-232 - ICN (18017744354).jpg\|thumb\|AirAsia Zest livery]] On March 11, 2013, Zest Airways signed a share swap agreement with [[AirAsia Philippines]]. The share swap deal involved exchange of shares between the owner of Zest Airways, Filipino shareholders of AirAsia Philippines, Inc. and AirAsia Berhad of Malaysia.<ref>{{cite ~~web~~news\|url=http://business.inquirer.net/111537/airasia-to-acquire-40-of-zest-air \|title=AirAsia to acquire 40% of Zest Air \|~~work~~newspaper=Philippine Daily Inquirer \|date=March 11, 2013 \|access-date=January 17, 2014}}</ref> On the same day, the airlines announced a strategic alliance that would integrate the operations of both airlines while still operating as separate entities.<ref>{{cite ~~web~~news\|url=http://business.inquirer.net/111789/airasia-zest-sign-dream-alliance \|title=AirAsia, Zest sign 'dream alliance \|~~work~~newspaper=Philippine Daily Inquirer \|date=March 11, 2013 \|access-date=January 17, 2014}}</ref> The deal closed on May 10, 2013.<ref>{{Cite news\|title=AirAsia now controls Zest Air \|work=ABS-CBN News \|date=May 24, 2013 \|access-date=November 1, 2022 \|url=https://news.abs-cbn.com/business/05/24/13/airasia-now-controls-zest-air}}</ref> On August 16, 2013, the [[Civil Aviation Authority of the Philippines]] (CAAP) suspended the airline's [[air operating certificate]] due to safety issues.<ref>{{cite ~~web~~news\|url=http://business.inquirer.net/138721/zest-air-suspended-due-to-safety-issues \|title=Zest Air suspended due to safety breaches \|~~work~~newspaper=Philippine Daily Inquirer \|date=16 August 2013 \|access-date=18 November 2022}}</ref> The suspension was lifted on August 20.<ref>{{Cite news\|title=CAAP clears all 11 Zest Air planes \|work=ABS-CBN News \|date=August 22, 2013 \|url=https://news.abs-cbn.com/business/08/22/13/caap-clears-all-11-zest-air-planes \|access-date=18 November 2022}}</ref> Less than a year after the strategic alliance with [[AirAsia Philippines]], on September 21, the airline was rebranded as "AirAsia Zest". During its initial phases, ZestAir's website carried an image of an aircraft featuring AirAsia's signature red livery and the Zest title on the body and AirAsia's signature red livery on the tail. The rebranded airline has a new theme "AirAsia Zest, the right way to fly."<ref>{{Cite news\|title=AirAsia, ZestAir launch rebranded airline \|first=Lawrence \|last=Agcaoili \|work=The Philippine Star \|date=September 21, 2013 \|url=http://www.abs-cbnnews.com/business/09/21/13/airasia-zestair-launch-rebranded-airline \|via=ABS-CBN News}}</ref>

AirAsia Zest: Difference between revisions