- AirAsia is a Malaysian low-cost airline that was founded in 1993. It is one of the largest low-cost carriers in the world and operates scheduled domestic and international flights to over 165 destinations in 25 countries. AirAsia's main hub is Kuala Lumpur International Airport, and it has subsidiary airlines in countries such as Thailand, Indonesia, and the Philippines. The airline is known for its affordable fares and has won numerous awards for its services.