Just received an email from AirAsia.com, regarding this privilege for loyal passengers of the said airline. Air Asia offers On-Time Guarantee Benefit for passengers who's under Flight Cancellation and more than 2 hours delay (delays greater than 2 (two) hours of scheduled departure time caused solely by AirAsia. Terms and conditions apply) amounting to around Php 2,000.00 compensation (AirAsia INSURE Travel Protection is underwritten by insurance companies from your respective departing countries. Benefits offered are subjected to the type of plan purchased. Visit www.airasiainsure.com for more info). This is another great reason why Air Asia will be the next big thing this 2012. I just hope they'll have a Cebu route as well, for Cebuanos & Filipinos to have more option other than Cebu Pacific and Air Phil Express in terms of cheap flights & tempting promos. Oh well, hope they're reading this post! ;)