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AIRASIA INVESTMENT
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...- Budget airlines first to cut flights as jet fuel prices soarRyanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle ...
- AirAsia sells remaining 16.33% stake in India operations to Air IndiaThe Malaysia-based airline will ramp up the focus on Asean countries after COVID impacted its business. It said that India will remain an i...
- 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...
- AirAsia India halves excess baggage fees for passengers taking connecting intl flightsFlyers connecting to international flights from AirAsia India's domestic flights can now pre-book their excess baggage at the significantly...
- AirAsia India extends partnership with Airbus arm NAVBLUEThe NAVBLUE solutions portfolio provides a path for AirAsia India to grow and expand its operations domestically and internationally, the B...
- AirAsia India plans expansion; set to induct three more Airbus A320 neos by June 2021On November 17, Malaysia's AirAsia Berhad had said it was reviewing its investment in AirAsia India. Against this backdrop, there have also...
- AirAsia India assures travel agents about its financial sustainability, expansion plansAirAsia India's CCO Ankur Garg, Chief of Sales Ajay Kumar Wadhawan and other team members during a virtual meeting with TAAI assured them a...
- Tatas gaining upper hand in decision-making at AirAsia India, says sourceTatas are gaining upper hand in steering the no-frills carrier with its own executives in most senior positions.
- AirAsia India to start daily flight on Delhi-Jaipur route from Oct 20AirAsia India is a joint venture between Tata Sons Limited and AirAsia Investment Limited.
- HC asks CBI to file report on alleging lobbying by AirAsia to get international flying rightsA bench of Chief Justice D N Patel and Justice C Hari Shankar directed the agency to file the report in a sealed cover and listed the matte...
- 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 to connect Surat from Bengaluru starting JuneThe Tata-AirAsia-invested airline, which completes four years of its operations in June, will fly daily to Surat from Bengaluru with an Air...
- AirAsia India to begin overseas operations by Jan 2019: MD & CEO Amar AbrolAccording to AirAsia India, Managing Director and CEO, Amar Abrol, the airliner has planned to commence overseas operation by January 2019 ...
- AirAsia India's BLA does not violate ownership norms: DGCAWhile Tata Sons holds 49 per cent, its two directors -- S Ramadorai and R Venkataramanan -- have 0.5 per cent and 1.5 per cent shareholding...
- 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 Group chief Tony Fernandes gets OCI statusET was the first to report online on March 17 that Fernandes had applied for the OCI status, amidst raging controversy of ownership issues ...
- AirAsia gets formal Foreign Investment Promotion Board approvalAirAsia, the largest low-cost airline in Asia, announced the JV with Tatas late February. Last month FIPB had approved the proposal.
- AirAsia's plan hits aviation ministry roadblockThe Ministry is understood to have expressed its reservations in a note to FIPB stating that the new co should have been formed before seek...
- AirAsia to invest up to $60 mn in airline venture with TataAirAsia, through its investment arm, AirAsia Investment Ltd, intends to own 49 per cent of the venture with the remaining stake held by the...
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