KUALA LUMPUR - AirAsia is not withdrawing from the Philippine market but instead aggressively expanding through its new branding with AirAsia Zest, said its group CEO Tan Sri Tony Fernandes.
"I am very bullish about the country. We bought Zest Air and rebranded it AirAsia Zest.
"We recorded a day of sales yesterday, with the new branding," he said on the final day of the two-day 4th Global Entrepreneurship Summit here yesterday.
He was responding to a question whether the low-cost carrier's move to suspend its thrice-weekly flight from Kuala Lumpur to Clark Air Base was a sign that it was withdrawing from the Philip-pines.
"In fact, there will be more flights to the Philippines via AirAsia and AirAsia Zest.
"We don't want to spread ourselves too thin. Rather than having two bases, we temporarily moved from Clark and our focus is now in Manila," he said.
On the carrier's operations in Malaysia, Fernandes said the group would have its best quarter this year-end.
"We will continue to grow and increase market share despite competition and be very profitable," he said.