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AIR ASIA BHD
From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...- AirAsia Co-Founder Tony about to give the world a new airlineTony Fernandes, co-founder of AirAsia X, is set to launch a new airline. This aggressive expansion comes despite rising oil prices. The new...
- AirAsia sells remaining stake in India biz to AIAirAsia India's journey started in 2014 when the Tata Group joined hands with Tony Fernandes, owner of the AirAsia Group, to enter the low-...
- Creditors can't sue AirAsia X for another 9 months, says Malaysia courtThe court had granted a restraining order in March for three months, as the budget airline undergoes a restructuring of its 64.15 billion r...
- SIA won’t be Tata Group’s co-pilot in bid for Air IndiaTata Sons, the holding company of the conglomerate, can’t bid without SIA’s approval and its waiver of the no-compete clause.
- Tata Sons and Singapore Airlines in talks on AI bid optionsAirAsia Bhd, the Indian group’s partner in low-fare carrier AirAsia India, is understood to have released Tata from a no-compete clause, le...
- Auditors of Tata Sons raise concerns about AirAsia India, Tata Steel Europe businessesRaises concerns about the ability of companies to continue as ‘a going concern’. AirAsia India’s losses widened to Rs 332 crore in the quar...
- Venkataramanan appears before ED in AirAsia probeEnforcement Directorate is probing an allegation of money laundering against AirAsia Bhd for which India’s former director R Venkataramanan...
- Tata Sons wants to fly out of joint venture with AirAsiaTata is set to exit AirAsia India and run the only full-service private airline, which is Vistara-plus-Jet.
- AirAsia X won't buy "too expensive" Airbus A350: Tony FernandesA final decision on AirAsia X's future fleet is expected later this year, the source said on condition of anonymity. The 787-10 has a list ...
- AirAsia executives alerted board, Tatas about lapses in business practicesIndian rules allow foreign airlines to own up to 49% in domestic airlines but effective management control must remain with the Indian part...
- Investigating fraudulent transactions of Rs 22 crore: AirAsiaA forensic investigation had revealed fraudulent transactions of Rs 22 crore related to AirAsia and involving non-existent entities in Indi...
- AirAsia rues hurdles being put up by vested interests; prays govt will put its customers firstAirAsia today asserted that effective control of its joint venture AirAsia India is with Indian parties and said "vested interests" were tr...
- Tatas refute accusations of foreign control in AirAsia India, VistaraThe older carriers said AirAsia India and Vistara were being controlled by their overseas stakeholders — Air Asia Bhd and Singapore Airline...
- Older carriers allege Vistara and AirAsia India flouting norms, hit out against abolishing 5/20 ruleThe older carriers say overseas stakeholders, AirAsia Bhd and Singapore Airlines, are managing the two airlines, in contravention of the ru...
- AirAsia India chief Mittu Chandilya likely to quit in MarchAmar Abrol, chief of AirAsia Bhd’s insurance arm Tune Money, is the frontrunner among three executives being considered to replace Chandily...
- AirAsia India controlled by Malaysian partner claims cofounder Arun BhatiaArun Bhatia alleges that the airline, in contravention of Indian laws, is controlled by its Malaysian parent and he would take up the issue...
- AirAsia Bhd chief executive Tony Fernandes slams flying restrictions; says India arm to log profitAs for further investments, Fernandes indicated that he would be wary of making any without clarity on India’s draft aviation policy, which...
- AirAsia to cut costs by 7 per cent: Tony Fernandes, CEOMalaysia-based low cost air carrier AirAsia today indicated cutting costs in 2014 up to seven per cent, a top official said today.
- AirAsia may contest with IndiGo for flights to IndiaAirAsia, the region's biggest budget carrier, is targeting India and China as economic growth and rising wages stoke travel demand.
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