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AIRASIA INDIA LOSS
AirAsia ordered to pay Rs 90,750 after flight delay damages Kerala man's plantA farmer's hybrid jackfruit sapling was damaged due to a significant flight delay by AirAsia, leading to a missed connection. The consumer ...- Tata may have to write off AirAsia India's lossTata-owned Air India proposes to acquire 100% of AirAsia India and has sought Competition Commission of India approval. Tata Sons owns 83.6...
- Tata Sons working on AirAsia India-AI Express mergerOn October 8, the Tata group owned Talace Pvt Ltd won the bid to own 100% of Air India and its subsidiary Air India Express. The transactio...
- 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...
- Tata Sons in talks to buy AirAsia's 49% in joint venture“AirAsia, because of its financial difficulties, is not keen on infusing capital into the India JV. It wants the JV to take on debt to run ...
- Tatas Group raise debt funds for AirAsia India, infuse equity into VistaraIn AirAsia India’s latest board meeting, joint venture partners Tata Sons and Malaysian low fare carrier AirAsia Berhad decided to raise ₹3...
- High average fares help AirAsia India trim quarterly lossThe airline -- a joint venture between Tatas and Malaysia's AirAsia Berhad -- had a loss before tax of Rs 61.82 crore in the year-ago perio...
- AirAsia plans IPO; analysts say time isn’t rightAirAsia Berhad and Tata Sons own 49 per cent each in AirAsia India.
- AirAsia India IPO not far: Tony FernandesAirAsia India, currently has a leased fleet of 15 Airbus A320 planes.
- AirAsia India net loss at Rs 140 crore for FY17AirAsia posted a net loss of Rs 140 crore for the previous fiscal, which was 23% less than almost Rs 182 crore it reported in fiscal 2016. ...
- 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 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 India loss narrows to Rs 26 crore in December quarterDespite an over threefold growth in revenue, low-cost carrier AirAsia India today reported narrowing down of its operating loss to Rs 25.65...
- Unhappy with state of affairs at AirAsia India: Arun Bhatia"If you ask the CEO (of AirAsia India) what is happening, he says sir what can I do? I don't have any information, everything is controlled...
- AirAsia India's net loss widens to Rs 65 crore in September quarterIn the year-ago period, the carrier -- which began operations last year -- had a net loss of nearly Rs 25 crore.
- AirAsia India expected to post bigger losses in current quarter: CAPA“Profitability is unlikely in the near to medium term unless there is a change in market conditions and government policy,” the Sydney-base...
- AirAsia India flies into Rs 19 cr loss in March quarterAirAsia India carried nearly 2,38,000 passengers, earning Rs 3,131 per passenger during the March quarter. Ancillary income per passenger w...
- Air Asia India to start operating flights from June 12AirAsia India will start flying from June 12, the airline’s Malaysian parent’s chief executive said ending months of wait for passengers
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