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AIRASIA BERHAD
Tata Sons to increase its stake in AirAsia India to 83.67%ET reported the deal online early Tuesday evening. Subsequently, AirAsia Berhad made an announcement of its share sale on the Kuala Lumpur ...- Tatas to stop paying dues to AirAsia if airline fails to invest in JV by December 31AirAsia India, a 51:49 JV where Tata is the controlling shareholder, owes AirAsia Berhad Malaysia ₹489 crore as per its latest available fi...
- AirAsia India in talks to return 7 planes to Malaysian parentThe move is aimed at cutting down the local airline’s exposure to the parent, even as discussions progress for the Malaysian low-fare carri...
- 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.
- AirAsia rolls out discounts, fares start as low as Rs 1,399 for international travelThe `Big Sale Promotion' offers all inclusive one-way fares starting at as low as Rs 1,399 for international travel and Rs 999 for domestic...
- AirAsia India dismisses allegation of bending rules, calls CBI charges 'incongruous'In a statement, the domestic carrier said that allegations regarding indirect foreign control in violation of norms were fully investigated...
- AirAsia India offers base fare at Rs 99 for domestic travelThe travel period under the offer, for which the bookings commence tonight, will be between May next year and January 2019, as per an airli...
- AirAsia Berhad seeks relaxation of 0/20 ruleAir Asia Berhad's Kamarudin Meranun said, "If the govt abolishes the condition of having a minimum of 20 aircraft, AirAsia India will be ab...
- AirAsia announces discount on domestic, foreign travelThe special low fare offer is applicable for all the flights operated by AirAsia, including AirAsia India, AirAsia Berhad, Thai AirAsia and...
- Enforcement Directorate summons AirAsia India's ex-chief Mittu ChandilyaThe ED investigation followed a complaint by BJP leader Subramanian Swamy in which he accused the carrier of "money laundering"The first le...
- AirAsia India seeks more time to appear before ED in FEMA violation caseA case against the airline has been registered on violation of the Foreign Exchange Management Act (FEMA), 1999. On December 7, AirAsia sai...
- Malaysia's AirAsia invests Rs 115 cr more in AirAsia IndiaEarlier this month, AirAsia India CEO Amar Abrol had said the airline will continue to make investments and expand fleet size to 10 in the ...
- AirAsia India's payouts to parent may add to its worriesMany of transactions — primarily aircraft lease rentals and maintenance reserve payments — are done at higher-than-market rates, according ...
- AirAsia India hits 2.5 million passenger milestone"We at AirAsia India are thrilled beyond words on having flown 2.5 million guests as of today," AirAsia CEO designate Amar Abrol said.
- AirAsia India flew 5.4 lakh passengers in March quarterThe Malaysian airline holds 49 per cent stake in AirAsia India. In 2015 March quarter, the Indian carrier had flown 2.4 lakh passengers.
- AirAsia India doubles quarterly loss to Rs 38.2 croreThe carrier, its Malaysian shareholder’s joint venture with Tata Sons, posted a net loss of 23.4 million Malaysian Ringgits (Rs 38.2 crore).
- AirAsia X offers all inclusive fare on Delhi-Kuala Lumpur routeIt resumed flight services to Delhi yesterday, four years after discontinuing the route along with Mumbai, citing high airports cost.
- AirAsia to give 20 per cent discount to ICICI Bank debit and credit card holdersThe offer will be valid for travel on AirAsia Berhad, AirAsia India and Thai AirAsia flights, the airline said in a release.
- AirAsiaX to relaunch India flights, seeks more flying rightsAt present, three Malaysian carriers--Malaysian Airlines, AirAsia Berhad and Malindo Air operate in the Indian market.
- Air Asia Berhad to lease Airbus A320-200 to AirAsia IndiaAirAsia India has plans to have a 10-aircraft fleet within a year of its operations and the planes would be drawn from A-320 family of airc...
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