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AIRASIA GROUP BHD
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...- Air India Express CEO Aloke Singh to pilot Air India’s low cost businessFollowing the acquisition of Air India last year, the Tata Group aims to consolidate its aviation businesses and as part of that intends to...
- 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-...
- AirAsia changes name to Capital A as it grows beyond an airlineCapital A has been investing heavily in payments business BigPay, logistics arm Teleport and its mobile Super App to gain other sources of ...
- Tata Group plans to bring all its airlines under a single entity post Air India acquisitionThe group has been very clear that if and when the Air India acquisition is done, the strategy is to have one entity. Scale up the game and...
- Singapore Airlines open to Air India-Vistara synergies post Tata dealTata plans to bid for Air India through an aviation holding company. If the bid is successful, Vistara and Air India will be the two airlin...
- AirAsia boss says industry could return to normal next year: ReportTony Fernandes also called for better government policies to avoid disruptions when travel resumed, and decisions on what would be required...
- SIA won’t be Tata Group’s co-pilot in bid for Air IndiaTata Sons, the holding company of the conglomerate, can’t bid without SIA’s approval and its waiver of the no-compete clause.
- AirAsia X shows court creditors' support for restructuring planIn emails attached to the court filings, supportive lessors said they wanted to continue discussions with the budget airline and potential ...
- Tata Sons and Singapore Airlines in talks on AI bid optionsAirAsia Bhd, the Indian group’s partner in low-fare carrier AirAsia India, is understood to have released Tata from a no-compete clause, le...
- Cash-starved AirAsia stops funding Indian arm, onus now on Tatas to mount a rescueThe airline isn’t at any immediate risk of folding, the people said. India’s aviation minister said over the weekend that AirAsia was shutt...
- In bid to survive and restart, Malaysia's AirAsia X proposes major restructuring planAAX said in a separate statement it is facing severe liquidity constraints to meet debt and other financial commitments and with no return ...
- Auditors of Tata Sons raise concerns about AirAsia India, Tata Steel Europe businessesRaises concerns about the ability of companies to continue as ‘a going concern’. AirAsia India’s losses widened to Rs 332 crore in the quar...
- 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...
- Tata Sons wants to fly out of joint venture with AirAsiaTata is set to exit AirAsia India and run the only full-service private airline, which is Vistara-plus-Jet.
- AirAsia X won't buy "too expensive" Airbus A350: Tony FernandesA final decision on AirAsia X's future fleet is expected later this year, the source said on condition of anonymity. The 787-10 has a list ...
- AirAsia executives alerted board, Tatas about lapses in business practicesIndian rules allow foreign airlines to own up to 49% in domestic airlines but effective management control must remain with the Indian part...
- Investigating fraudulent transactions of Rs 22 crore: AirAsiaA forensic investigation had revealed fraudulent transactions of Rs 22 crore related to AirAsia and involving non-existent entities in Indi...
- AirAsia rues hurdles being put up by vested interests; prays govt will put its customers firstAirAsia today asserted that effective control of its joint venture AirAsia India is with Indian parties and said "vested interests" were tr...
- AirAsia India controlled by Malaysian partner claims cofounder Arun BhatiaArun Bhatia alleges that the airline, in contravention of Indian laws, is controlled by its Malaysian parent and he would take up the issue...
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