Who owns AirAsia Philippines?
AirAsia Philippines is owned by AirAsia X (Malaysia, Bursa Malaysia: 5238).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: AirAsia X Berhad Annual Report 2025, 29 April 2026. Last checked .
Key facts
- Current owner
- AirAsia X Berhad reported
- Owner HQ
- 🇲🇾 Malaysia
- Origin
- 🇵🇭 Philippines
- Category
- Travel & transport › Airlines
- Parent ticker
- Bursa Malaysia: 5238
- Last verified
- · 1 sources
About AirAsia Philippines
AirAsia Philippines, which uses the airline code Z2, is the AirAsia airline in the Philippines. AirAsia X Berhad's 2025 annual report shows it held through Philippines AirAsia, Inc. and AirAsia Inc. in the group structure, and names Caticlan, Kalibo, Cebu, Davao and other Philippine cities in its network. A general manager responsible for the airline was appointed on 16 March 2026.
Ownership timeline of AirAsia Philippines
Where AirAsia Philippines sits in AirAsia X
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full AirAsia X ownership tree →
See the full AirAsia X brand portfolio (6) →
Other brands owned by AirAsia X
AirAsia X controls 6 brands on Brandtree, 6 of them in travel & transport.
Also in travel & transport
Other brands in airlines, and who owns them
The 509 brands in airlines on Brandtree belong to 341 owners. The largest is Lufthansa Group, with 10; AirAsia X has 6.
| Brand | Owner | Owner based in |
|---|---|---|
| Air Dolomiti | Lufthansa Group | 🇩🇪 Germany |
| China Southern Airlines | China Southern Airlines | 🇨🇳 China |
| Air China | Air China | 🇨🇳 China |
| Aer Lingus | IAG | 🇬🇧 United Kingdom |
| LATAM Airlines Brasil | LATAM | 🇨🇱 Chile |
| Air France | Air France-KLM | 🇫🇷 France |
| Calm Air | Exchange Income | 🇨🇦 Canada |
| Beibu Gulf Airlines | Hainan Airlines Holding | 🇨🇳 China |
About the owner: AirAsia X
AirAsia X is a publicly listed company headquartered in Malaysia. Brandtree records 6 brands under its control, and it is listed as Bursa Malaysia: 5238.
AirAsia X Berhad is the Malaysian low-cost airline group listed on the Main Market of Bursa Malaysia since 10 July 2013. Its 2025 annual report says that in January 2026 it completed the acquisition of AirAsia Berhad and AirAsia Aviation Group Limited from Capital A Berhad, consolidating all AirAsia-branded airlines under one aviation platform across Malaysia, Thailand, Indonesia, the Philippines and Cambodia. Capital A, formerly the parent of the AirAsia airlines, no longer owns them.
🇵🇭 AirAsia Philippines and other Filipino brands
Brandtree records a controlling owner for 68 brands that began in the Philippines. 1 of them (1%) are now controlled by a company headquartered in another country, AirAsia Philippines among them.
- 2GO Express — 2GO 🇵🇭
- Asian Terminals — Asian Terminals 🇵🇭
- Cebgo — Cebu Air 🇵🇭
- Harbor Star — Harbor Star 🇵🇭
- ICTSI — ICTSI 🇵🇭
- LBC Express — LBC Express 🇵🇭
Frequently asked questions
Who is the parent company of AirAsia Philippines?
The parent company of AirAsia Philippines is AirAsia X, a publicly listed company headquartered in Malaysia.
Is AirAsia Philippines Filipino or Malaysian?
AirAsia Philippines originated in the Philippines, but it is owned today by AirAsia X, which is headquartered in Malaysia. So AirAsia Philippines is a Filipino-origin brand under Malaysian ownership.
Is AirAsia Philippines still owned by AirAsia X?
Yes. As of 4 October 2026, AirAsia Philippines is still owned by AirAsia X. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] AirAsia X Berhad Annual Report 2025 — AirAsia X Berhad, Annual report, published 29 April 2026; retrieved 4 October 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.