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AIRASIA OWNER
AirAsia is in talks to convert some existing Airbus orders into long-range jet orders, sources sayAirAsia is reportedly in discussions with Airbus to potentially convert some of its existing narrow-body aircraft orders to the A321XLR mod...- 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 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-...
- 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...
- AirAsia India FY21 loss doubles on year, Vistara's narrowsAirAsia India posted an annual loss of Rs 1,532 crore for 2020-21 against Rs 782 crore in the previous year, according to its annual report...
- 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...
- 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...
- AirAsia case: CBI questions Total Food Services Chairman Sunil Kapur's roleThe sources said Kapur was called at the agency headquarters where he was questioned on various aspects of his relationship with AirAsia an...
- Bribes, mails & a secret govt note: How AirAsia landed in troubleCBI has booked Tony Fernandes for allegedly trying to manipulate policies through corrupt means to get international licence for the AirAsi...
- Malaysian owner of AirAsia India seeks fleet exemption to fly abroad“If the dispensation from 0/20 is granted, we can start international flights in 3 months depending on the other factors like slots," Execu...
- 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 Berhad CEO Tony Fernandes applies for 'overseas citizen of India' statusFernandes is a Malysian national. He said his father was of Indian origin. "I am told that it is the same as a Non Resident Indian (NRI) st...
- AirAsia chief Tony Fernandes raises questions over 5/20 normAirAsia India and Vistara - two airlines operated by the Tatas through joint ventures - are presently ineligible to operate overseas.
- Is Telestra's Arun Bhatia looking to exit AirAsia India?Aviation insiders claimed that Bhatia was in talks with SpiceJet co-founder Ajay Singh earlier this year, before the latter bought back Spi...
- Promoters of AirAsia pump in close to Rs 100 crore in airlinePromoters of AirAsia India have pumped in close to Rs 100 crore equity into the company and increased its authorised share capital by more ...
- 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 owner Tony Fernandes hits out at rival IndiGo on TwitterFernandes said he wouldn’t comment on the tweet, but a senior executive at the company said “you have not seen anything yet” underlining th...
- Arun Bhatia to raise Tata-Singapore Airlines issue at AirAsia board meetThe AirAsia India board is meeting on September 28. Tata Group directors in the domestic airline will be present in the meeting.
- AirAsia applies for Indian airline JV with Tata Sons and Telestra TradeplaceThe JV has already sought FIPB approval. Air Asia will have 49% in the JV while the Tata Group and Hindustan Aviation will have residual 51...
- AirAsia looks for a partner to launch an Indian airline, promoter Tony Fernandes keen on IndiaTwo people close to the development said Asia’s largest budget carrier is exploring options to set up a company that will be majority owned...
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