Air Asia, a Malaysian low-cost carrier, headquartered in Kuala Lumpur was established in 1994. The airlines was in loss until Tony Fernandes bought the airlines in 2001 and set the company on profits ever since. AirAsia gradually increased its network and started flying across the globe. Today Air Asia flies to 100 destinations spread over 22 countries. It has 8 affiliate airlines AirAsia India, AirAsia Japan, AirAsia X, AirAsia Zest, Indonesia AirAsia, Philippines Air Asia, Thai Air Asia & Thai Air Asia X.