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AIRASIA AVIATION GROUP
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 orders 150 Airbus A220 jets for $19 billion in largest single order ever placed for aircraftAirAsia is set to acquire 150 Airbus A220-300 aircraft. This significant deal, valued at approximately 19 billion dollars, marks a major st...
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-...
AirAsia sells remaining 16.33% stake in India operations to Air IndiaThe Malaysia-based airline will ramp up the focus on Asean countries after COVID impacted its business. It said that India will remain an i...
AirAsia India assures travel agents about its financial sustainability, expansion plansAirAsia India's CCO Ankur Garg, Chief of Sales Ajay Kumar Wadhawan and other team members during a virtual meeting with TAAI assured them a...
Cash-starved AirAsia stops funding Indian arm, onus now on Tatas to mount a rescueThe airline isn’t at any immediate risk of folding, the people said. India’s aviation minister said over the weekend that AirAsia was shutt...
AirAsia India only getting funded by Tatas, not Malaysian parentThis comes amidst rumours that Tatas are in talks to give an exit to AirAsia Berhad. Until recently, there were differences in valuation.
Aviation minister Hardeep Singh Puri hints at shutdown of Air Asia's Indian operations“AirAsia’s shop is anyway shutting down,” Hardeep Singh Puri said in televised comments that were widely circulated on social media. “Their...
Tatas gaining upper hand in decision-making at AirAsia India, says sourceTatas are gaining upper hand in steering the no-frills carrier with its own executives in most senior positions.
Give ownership undertaking to fly abroad, govt to AirAsia IndiaUnder the SOEC clause, an airline must have its operational base in India and twothirds of its board members need to be Indian along with t...
AirAsia India gears up to fly overseas, seeks government nodVistara, too, had applied for permission to fly overseas in mid-2018, wanting to start the service at the end of last year, and is still aw...
AirAsia case: CBI summons Tata’s R Venkataramanan on July 3The agency has alleged that lobbyists were paid money which was utilised for paying bribe to unknown public servants and others for securin...
Lobbying for 5/20 norm removal done without any unlawful payments: AirAsia GroupCBI is probing AirAsia and other officials for allegedly trying to manipulate govt policies through corrupt means to get international lice...
AirAsia India allowed to import 10 aircraft over the next yearPersons in the know at the civil aviation ministry said the airline has been allowed to import 10 aircraft over the next year.
AirAsia to make flying more affordable in India: Tony FernandesAirAsia CEO Tony Fernandes on Tuesday said that the company is likely to start operations in October depending on regulatory approvals.
AirAsia chief Tony Fernandes likely to meet Ajit Singh next weekAirAsia group chief executive Tony Fernandes may call on Union Minister Ajit Singh next week when he visits the country.
AirAsia India appoints TCS' S Ramadorai as ChairmanS Ramadorai is the Non-Independent, Non-Executive Vice Chairman of TCS. On May 15, AirAsia announced the name of its new CEO Mittu Chandily...
AirAsia says COO and CFO will be Indians, submits names of six directorsA security clearance for the board of directors is a prerequisite for AirAsia to receive a NoC from the aviation ministry to launch operati...
AirAsia gets FIPB nod for setting up new airline in IndiaThere were some ambiguities on whether the revised FDI in aviation rules are applicable to new JVs or only existing companies, sources said.
AirAsia's India JV may face procedural issues: Ajit SinghAirAsia's planned joint venture in India could face some procedural problems, Aviation minister Ajit Singh said, without elaborating.