AirAsia Berhad is a Malaysian low-cost airline headquartered in Kuala Lumpur, Malaysia. It has been named as the world’s best low-cost airline, and a pioneer of low-cost travel in Asia. AirAsia group operates scheduled domestic and international flights to 100 destinations spanning 22 countries. Its main hub is the Low-Cost Carrier Terminal (LCCT) at Kuala Lumpur International Airport (KLIA).
AirAsia operates with the world’s lowest unit cost of US$0.023 per available seat kilometers (ASK) and a passenger break-even load factor of 52%. It has hedged 100% of its fuel requirements for the next three years, achieves an aircraft turnaround time of 25 minutes, has a crew productivity level that is triple that of Malaysia Airlines, and achieves an average aircraft utilisation rate of 13 hours a day. All scheduled AirAsia departures from Kuala Lumpur use the Low cost carrier terminal. AirAsia abolished its fuel surcharges on November 2008, but, due to rising oil prices, re-introduced them again in May 2011. Its affiliate airlines Thai AirAsia, Indonesia AirAsia, Philippines AirAsia, AirAsia Japan and AirAsia Zest have hubs in Don Mueang International Airport, Soekarno–Hatta International Airport, Clark International Airport, Narita International Airport, Ninoy Aquino International Airport and Mactan-Cebu International Airport respectively. AirAsia’s registered office is in Petaling Jaya, Selangor while its head office is at Kuala Lumpur International Airport.
AirAsia is the sponsor of Malaysia national football team, Singapore national football team and Queens Park Rangers.