AirAsia to start flights to South East Asia from next year
AirAsia (India) Ltd is a JV between Tata Sons & AirAsia, with AirAsia and Tata Sons Ltd holding 49 per cent each and two directors having the rest.
"We have kind of cracked the Indian market. We will make money in the next six months. We are only three years old in India. We are happy with the way we are going. We will be a good mix between domestic and international, which we are planning to go next year," AirAsia Group CEO Tony Fernandes said on the sidelines of the Paris Airshow.
He added that AirAsia India would be focusing on launching connectivity between Asean nations as it starts international operations. Asean members include Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Cambodia, Laos, Myanmar, and Vietnam.
AirAsia (India) Ltd is a JV between Tata Sons & AirAsia, with AirAsia and Tata Sons Ltd holding 49 per cent each and S Ramadorai (chairman) and R Venkataramanan, two directors of the company in their individual capacity, holding 0.5 per cent and 1.5 per cent, respectively.
(The reporter is attending the Paris Air Show on an invite from AirAsia).
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