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Yao Group to acquire Asian Spirit

The Yao Group of Companies has acquired Asian Spirit, the country’s first and only cooperative airline concentrating on least traveled routes, in possible merger with Southeast Asian Airlines (SeaAir), a chartered flight airline that the company is also acquiring.

Asian Spirit overshoots runway in Masbate

LEGAZPI CITY, Philippines (eTN) - A plane with 47 people on board overshot the runway at an airport in Masbate City Wednesday morning, the airline said.The Asian Spirit aircraft skidded to the edge of the airstrip and smashed the airstrip fence after apparently encountering strong winds on landing, company vice president Rodolfo Garcia said.