There would also be new facilities to service and maintain aircraft in Zhengzhou, the capital of Henan province. Kuala Lumpur - based budget airline Air has signed an agreement to set up a low - cost carrier in Zhengzhou , China in partnership with the Wanda Group . In the next decade China is likely to join the US to become the largest aviation market in the world . Air already has a presence across the globe , with operations in India , Thailand , the Philippines , Japan and its native Malaysia . Expanding into China " represents the final piece of the AirAsia puzzle , " according to the airline 's CEO , Tony Fernandes .
Kuala Lumpur - based budget airline Air has signed an agreement to set up a low - cost carrier in Zhengzhou , China in partnership with the Wanda Group . In the next decade China is likely to join the US to become the largest aviation market in the world . Air already has a presence across the globe , with operations in India , Thailand , the Philippines , Japan and its native Malaysia . Expanding into China " represents the final piece of the AirAsia puzzle , " according to the airline 's CEO , Tony Fernandes .