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...
18 Jun, 2021, 11.42 AM IST
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.
29 Jan, 2021, 07.56 AM IST
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...
23 Dec, 2020, 07.39 AM IST
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...
07 Oct, 2020, 12.24 PM IST
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...
29 Aug, 2020, 07.49 AM IST
Analysts are ditching AirAsia in droves after record lossThe airline fell 2.8% to 0.685 ringgit Wednesday, taking its loss for this year to 60%. Its long-haul unit AirAsia X Bhd. has fared similar...
26 Aug, 2020, 04.50 PM IST
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...
11 Feb, 2020, 06.56 AM IST
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.
16 Nov, 2018, 07.57 AM IST
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 ...
16 Apr, 2018, 03.35 PM IST
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...
07 Nov, 2016, 09.34 AM IST
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...
01 Nov, 2016, 12.40 AM IST
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...
15 Apr, 2016, 05.48 PM IST
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...
25 Feb, 2016, 05.02 AM IST
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...
12 Feb, 2016, 10.15 AM IST
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...
11 Dec, 2015, 06.15 AM IST
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...
03 Nov, 2015, 03.59 AM IST
- AirAsia may contest with IndiGo for flights to India
AirAsia, the region's biggest budget carrier, is targeting India and China as economic growth and rising wages stoke travel demand.
28 Jun, 2011, 05.23 AM IST