Since AirAsia started in 2001, there have, reportedly, been no fatal crashes or serious safety issues. Its international long-haul arm AirAsia X (which flew for around a year between Kuala Lumpur and Christchurch, until 2012 ) gets a moderate four out of seven for safety, according to AirlineRatings.com.
The missing A320 aircraft at just over six years old is nearly twice the average age of the AirAsia fleet, which the airline says is one of the youngest in the region.
It had undergone its last scheduled maintenance a little over a month ago and was flown by pilots with more than 8000 flying hours between them.
The A320 is the backbone of airlines throughout Asia - where it was quickly added to fleets - and the world over, including carriers here. Of more than 3600 of the planes in service there have been just 26 serious accidents since the 1980s reported to the middle of the year, with just over 600 fatalities.
With any aircraft loss there are no simple, single answers but a combination of factors, and this will be the case if QZ8501 has crashed.
Airline tragedies
MH17
• Malaysia Airlines Flight 17 from Amsterdam to Kuala Lumpur was shot down on July 17 over territory in eastern Ukraine controlled by pro-Russian separatists. New Zealanders Rob Ayley and Mary Menke were among the 298 killed.
• The first sections of wreckage arrived in the Netherlands this month.
MH370
• Malaysia Airlines Flight 370 disappeared on March 8 en route from Kuala Lumpur to Beijing. New Zealanders Paul Weeks and Ximin Wang were among the 239 on board.
• It probably crashed in the Indian Ocean, but search teams have found no trace of it.
• Australia's Transportation Safety Bureau has been leading a deep-sea search for the plane over a 55,000sq km priority area.