AirAsia India CEO Mittu Chandilya, who was here on the Bengaluru-Jaipur launch flight, said both the cities have great potential to expand and hence the airline has set aggressive targets and beginning of flights to the two new routes was a part of the business strategy.
The losses are primarily because the venture operated only for 18 days in June, with only two flights.
Company chief Tony Fernandes said the name of Chairman for AirAsia India board would also be disclosed soon
BJP leader Subramanian Swamy on Friday moved the Delhi High Court seeking an order restraining the Centre from granting any approval to AirAsia for its operations in India.
Samsung last week suspended sales of its latest flagship smartphone and announced a recall of 2.5 million units already sold, after faulty batteries caused some handsets to explode during charging.
The first A320 flight is scheduled to leave Bengaluru on June 12 afternoon, AirAsia India chief executive officer Mittu Chandilya told reporters in Chennai.
What is pretty clear is that Indian carriers will not allow AirAsia to win the tariff game - its USP.
Over 70 per cent of Jet's fleet has been grounded, leading to massive cancellations.
Mittu Chandilya has promised himself and AirAsia chief Tony Fernandes that through the next four-five years, India operations would be the largest among those of AirAsia subsidiaries.
AirAsia may breakeven by June this year.
Malaysia's low cost carrier Air Asia and Singapore-based Tiger Airways have been locked in a war of words, with heads of both the companies taking digs at each other in public over alleged racist remarks by the Malaysian carrier's ethnic Indian chief.
AirAsia on Sunday changed its bright fiery red logo to gray on its Twitter and Facebook pages after its aircraft, carrying 162 people, went missing en route from Indonesia to Singapore.
It will focus on the under-utilised airports instead of offering services in main hubs such as Mumbai and Delhi.
AirAsia runs a joint venture portal with Expedia and it is an exclusive online distribution channel for the airline.
In one of the biggest orders in recent times, European consortium Airbus Industrie has signed a contract to supply 40 A-320 aircraft to leading Asian low-cost carrier AirAsia, which has also taken the option for another 30 of these planes.
An aviation website has evaluated AirAsia's potential network in India based on passenger market size, distance from Chennai and competition.
The carrier has two-third Indian directors on board, as mandated.
Inching closer to launch its operations, new no-frill carrier AirAsia India on Saturday took delivery of its first Airbus A-320 as it landed in Chennai after flying in from Toulouse headquarters of the European aircraft manufacturer.
The company has charted out a three step process in achieving the target
It has aircraft utilisation target of 16 hours as against the current 13 hours.
Last week, AirAsia launched a daily Airbus A-330 flight from Delhi to Kuala Lumpur at a basic fare of, hold your breadth, just Re 1 for two days.
As a part of its promotion campaign, Malaysia-based budget airline, AirAsia, today said it plans to offer 1-million free seats across its global network.
After attacking the Jet-Etihad deal, Janata Party President Subramanian Swamy on Wednesday trained his guns on the Air Asia proposal to set up an Indian carrier, saying the FIPB clearance to it was "not legally valid".
Divers were on Saturday sent to investigate underwater pings that may be coming from the flight recorders of the AirAsia plane as efforts continued to retrieve the jet's tail from the bottom of the Java Sea.
The aviation minister, Ajit Singh, on Tata-Air Asia joint venture
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
Over four months ago the Foreign Investment Promotion Board cleared a proposal for the setting up of a new airline, AirAsia India, by Malaysian carrier AirAsia which has joined hands with the Tata Group and Arun Bhatia of Telestra TradePlace in a 49:30:21 joint venture partnership.
India is not an easy environment to operate in and grow because of the high cost of operations, says Neil Mills.
The plane was suffering a technical glitch
Sanjiv Kapoor questions the rival's change in strategy and claims of full load.
The airline would hire 100 cabin crew for the aircraft.
The new visa-free regime allows travellers to stay for up to 60 days instead of only 15 earlier.
AirAsia will expand its network across ASEAN.
Doomed AirAsia jet's fuselage was found on Wednesday raising hopes of retrieving the remaining bodies of the 162 people killed in the tragedy, as investigators downloaded the contents of black box recorders and were likely to crack the crash's mystery soon.
The controversial 5/20 rule required an airline to have five years of domestic operations and 20 aircraft in its fleet to be able to fly abroad.
Even as hope faded for the family of the pilot flying the missing AirAsia plane, a despairing message came from his daughter.
The airline proposes to use pilots to conduct airworthiness checks before flying.
AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk.
A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw posted the matter for hearing on Friday.
AirAsia Indonesia allegedly violated standard procedures which resulted in the pilots of the airline's doomed plane not receiving a required weather report before takeoff, a media report has said citing leaked official documents.
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