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AIRASIA GROUP BHD
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-...
- Singapore Airlines open to Air India-Vistara synergies post Tata dealTata plans to bid for Air India through an aviation holding company. If the bid is successful, Vistara and Air India will be the two airlin...
- AirAsia boss says industry could return to normal next year: ReportTony Fernandes also called for better government policies to avoid disruptions when travel resumed, and decisions on what would be required...
- 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...
- Budget airline AirAsia X out of money, needs $120 mln for restart, shows reportThe Malaysian airline, the long-haul arm of AirAsia Group Bhd, said this month it wanted to restructure 63.5 billion ringgit ($15.32 billio...
- 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...
- In bid to survive and restart, Malaysia's AirAsia X proposes major restructuring planAAX said in a separate statement it is facing severe liquidity constraints to meet debt and other financial commitments and with no return ...
- Budget airline AirAsia to start charging customers for checking in at airport countersTravellers who do not check in via the airline's website, mobile app or airport kiosk will be charged 20 Malaysian ringgit ($4.83) for dome...
- 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...
- 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...
- 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 heaps pressure on Airbus over A330neo orderThe long-haul arm of Malaysian low-cost carrier AirAsia Group Bhd is the largest customer for the aircraft, which is struggling for sales r...
- 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...
- 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...
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