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AIRASIA INDIA PROFIT
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 owner Capital A 'very bullish' on Indian market, says CEO Tony FernandesFernandes mentioned that AirAsia is experiencing significant passenger traffic originating from India. Remarkably, 60 percent of the airlin...
- AirAsia may exit India, end JV with Tata SonsMalaysian carrier AirAsia said on Tuesday that it is reviewing its India operations run in partnership with Tata Sons, signalling a possibl...
- 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 India still pays higher lease rentals than market ratesAirAsia India’s fleet—currently 18—has an average age of 8.4 years. The age has increased as it inducted 4 planes aged over 10 years, in 20...
- 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. ...
- Things looking good, will continue investing: AirAsia India CEOThe airline has eight aircraft and two more would be added in this financial year, Abrol said, adding that the staff strength is expected t...
- 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).
- 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 revenue up, losses treble to Rs 65 crore in September quarterThe airline posted a loss of 41.3 million Malaysian Ringitt (Rs 65 crore), compared with 15.7 million Malaysian Ringitt (Rs 24.71 crore) a ...
- AirAsia India trebled quarterly losses in July-September over previous yearAirAsia India almost trebled its quarterly losses in July-September over the previous year, , making it formidable for the carrier to make ...
- 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...
- 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...
- AirAsia CEO Tony Fernandes criticises 5/20 rule"Airlines have been inefficient in India but I don't think we should be punished for 2-3 airlines making losses. World over aviation profit...
- AirAsia shuts operations to 4 Indian cities while Indian carriers expand on SE Asian routesIn 2011, AirAsia stopped operations to Hyderabad, while its long-haul lowcost arm AirAsia X closed operations to New Delhi and Mumbai in 20...
- Low-cost Indian carriers opt for South-east Asian routes as AirAsia readies for India takeoffIndia’s low-cost carriers may be apprehensive of ensuing competition in the local market due to Air Asia's entry but have spread wings else...
- Privatisation: AirAsia India wants to use old Chennai terminalAirAsia India has written to the Aviation Ministry, seeking its permission to use the old Chennai terminal for its proposed operations.
- AirAsia announces it has received NOC from Aviation MinistryThough NOC was issued by the Ministry last week, this was the first formal statement by the AirAsia CEO on microblogging site Twitter.
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