AirAsia reportedly in talks to purchase Zest Airways: report

AirAsia is reportedly in talks to purchase Philippines-based LCC Zest Airways in order to expand the Malaysian carrier's presence in the Philippines, according to a Philippine Daily Inquirer report. Zest Airways said on 19-Sep-2012 it had been approached by airlines looking to purchase the carrier. AirAsia currently operates a Philippines-based subsidiary, AirAsia Philippines.