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AIRASIA AIRCRAFT PURCHASE
AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
What's at stake at the Trump-Xi summitPresident Donald Trump will meet President Xi Jinping in Beijing next week. The leaders aim to ease tensions over trade, Taiwan, and the Ir...
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 orders 150 Airbus A220 jets for $19 billion in largest single order ever placed for aircraftAirAsia is set to acquire 150 Airbus A220-300 aircraft. This significant deal, valued at approximately 19 billion dollars, marks a major st...
AirAsia calls out Airbus software oversight as planemaker races to hit delivery targetsAirAsia's Tony Fernandes urged Airbus to re-evaluate aircraft software testing after a recent glitch necessitated a global rollback. The in...
AirAsia inks $12.25 bn Airbus initial pact for 50 A321XLR jetsAirAsia Berhad has signed a $12.25 billion deal with Airbus to purchase 50 A321XLR aircraft, with rights for 20 more. Deliveries are schedu...
Tatas look to fast-track synergy between AI Express and AirAsiaTata Sons-owned Air India has approached the civil aviation regulator, seeking approval to cross-utilise pilots and cabin crew of Air India...
AirAsia's Tony Fernandes returns as boss after Airbus probeAirAsia founder and CEO Fernandes and executive chairman Kamarudin Meranun left their roles last month after Airbus settled a court case in...
Tata Trusts chief, ex-CEO of TCS exit AirAsia IndiaThe changes in the shareholding structure are believed to be a function of the central investigative action.
AirAsia X considering switching part of Airbus order to narrowbody jets: CEOThe A330neo has a list price of $296.4 million each compared with $129.5 million for the smaller A321neo, though airlines typically receive...
Vistara bans carrying of Samsung Galaxy Note 7 phones on its aircraftThe restrictions do not apply to "Samsung Galaxy Note 7 purchased after September 15, 2016, which have green battery charge indication.
Tata Sons to hold 49% stake in AirAsia India; Arun Bhatia to exitTata Sons will hike its stake in AirAsia India to 49% by buying additional shares from Arun Bhatia's Telestra which will be exiting the ven...
AirAsia plane that crashed was flying on an unauthorised schedule: Indonesian Transport MinistryIndonesian Transport Ministry has said and suspended the airline's Surabaya-Singapore route for violating the operational hours.
AirAsia’s low-cost model won’t work: Sanjiv Kapoor, SpiceJet COOIndian carriers are bleeding from high input costs, primarily fuel prices, borrowing rates and dollar-denominated purchases.
AirAsia’s Tony Fernandes rubbishes reports of spat with Tatas over SIA ties“We have no conflict of interest (over the Tata-SIA tie-up ) and we’ll benefit from the Tatas being involved in a low-cost airline," Tony s...
Civil aviation ministry tried to thwart AirAsia's India plansThe aviation ministry had disapproved of AirAsia's India entry, arguing that the Indian promoters should have first set up an airline compa...
Ajit Singh warns of trouble even as AirAsia joint venture gets FIPB approvalAjit Singh has been hinting at impending procedural issues for the AirAsia-Tata JV ever since the proposal got FIPB clearance on March 6.
Opposition from rival airlines, long list of govt clearances to make things difficult for AirAsiaAirAsia, the hugely successful low-fare airline promoted by Malaysian billionaire Tony Fernandes, needs a raft of clearances from the gover...
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...
- 'Swine' bankers shun airline loans
Carriers from Air France-KLM Group to AirAsia, already coping with a slump in travel, also have to deal with banks that are unwilling to fi...