If it still in business? No idea how financially stable it is.

http://ap.google.com/article/ALeqM5g...rCxBgD94CHAVO1

Snip:
KUALA LUMPUR, Malaysia (AP) — Malaysia's AirAsia on Tuesday abolished
fuel surcharges on all its flights and said it will give away half a
million free tickets next year in an attempt to lure travelers amid
the global slowdown.

AirAsia Chief Executive Tony Fernandes said the region's biggest
budget carrier will offer 500,000 free seats for travel between June
22 and Oct. 24, 2009, on all its domestic and international
destinations.

"It will be completely free. Passengers will only have to pay airport
tax," Fernandes told a news conference.

He said the recent steep drop in fuel prices has allowed AirAsia to
adopt the bold strategy, adding that the loss of revenue should be
offset by higher ticket sales, which will also be bolstered by new
marketing strategies.