AirAsia may breakeven by June this year.
Tata Group-owned AirAsia India, which is in the process of being merged with Air India Express, has taken short-term loans worth Rs 630 crore during the last six months to deal with cash crunch. AirAsia India has been making losses since its first commercial flight on June 12, 2014. Its net loss increased by 42 per cent to Rs 2,178 crore in FY22.
The Foreign Investment Promotion Board, headed by DEA Secretary Arvind Mayaram, approved the proposal at its meeting in New Delhi.
Air India and Air India Express are introducing a fuel surcharge on domestic and international flights due to rising jet fuel prices, impacting travel costs for passengers.
It has aircraft utilisation target of 16 hours as against the current 13 hours.
While the Andaman and Nicobar islands serve as a vital, stationary asset for projecting power in the Indian Ocean, referring to them as an unsinkable aircraft carrier ignores key military and geopolitical limitations, explains Commodore Venugopal Menon (retd).
The Federation of Indian Airlines had challenged the aviation regulator's decision this week to issue an operating permit to AirAsia India.
Airlines are cutting not only international services but also domestic flights, especially on routes projected to remain unprofitable in the coming weeks due to weak demand and high fares.
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.
The Badminton World Federation (BWF) has announced its World Tour Calendar for 2027 and 2028, featuring a 35-tournament global circuit. The India Open Super 750 will see its dates shifted to February 2027 and January 2028, while the Syed Modi India International has been downgraded to a Super 100 event. The new calendar also introduces a 3x15 scoring system and extended competition windows to enhance player welfare and global reach.
The Badminton World Federation (BWF) has announced its World Tour Calendar for 2027 and 2028, featuring a 35-tournament global circuit. The India Open Super 750 will see its dates shifted to February 2027 and January 2028, while the Syed Modi India International has been downgraded to a Super 100 event. The new calendar also introduces a 3x15 scoring system and extended competition windows to enhance player welfare and global reach.
Tony Fernandes said the aviation sector here was a "double marathon" and not a "sprint".
AirAsia's competitors are offering more reliable services.
"We are waiting for any input from any quarter," Civil Aviation Secretary R N Choubey said, adding, "We have not received anything so far".
At the heart of the current controversy is the government's FDI rule
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.
Company chief Tony Fernandes said the name of Chairman for AirAsia India board would also be disclosed soon
An air strike conducted by US and Israeli forces on the Black Mountain has resulted in the deaths of at least three individuals, Al Jazeera reported, citing Iranian state media.
Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.
Unlikely to happen in less than a year,despite the advantage of the parent airline's base.
The airline's chief had said it would focus more on tier-II cities. Already, the airline connects some of its major destinations from Tiruchirapalli, one of the busy tier-II hubs in Tamil Nadu.
Malaysian budget airline AirAsia moved a step closer to securing permission to launch operations in India, with Civil Aviation Minister Ajit Singh on Monday saying that all issues concerning the carrier's application have been resolved.
It will focus on the under-utilised airports instead of offering services in main hubs such as Mumbai and Delhi.
India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.
The US has reportedly depleted nearly half of its advanced missile-defence interceptors while defending Israel during recent hostilities with Iran, raising concerns about future readiness.
India's duopoly in the domestic skies -- where IndiGo and Air India collectively control over 90 per cent of the market -- is highly skewed, leaving very little room for new players
'The flip side of this is that he won't hesitate to call out India if he thinks its policies are hurting US economic interests or border US foreign policy goals.'
The airline would hire 100 cabin crew for the aircraft.
The losses are primarily because the venture operated only for 18 days in June, with only two flights.
The tail section of the AirAsia flight that went down more than a week ago was found on Wednesday in the Java Sea, raising hopes that the plane's black boxes might soon be recovered to determine the cause of the mysterious crash.
South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.
Two months after launch, low-cost warrior AirAsia is expanding to uncharted routes in India.
The 2026 FIFA World Cup, co-hosted by the United States, Mexico, and Canada, is set to be football's largest tournament but will unfold against a backdrop of significant geopolitical tensions, including conflicts, strained alliances, and complex immigration policies, challenging its traditional role as a symbol of global unity.
AirAsia says deal not violative of shareholder agreement.
As temperatures soar, booking queries have surged by double digits -- going up to 125 per cent -- for destinations like Kashmir, Shillong, Gangtok, Munnar, Leh, Rishikesh, Guwahati, Imphal, Kodaikanal and the Andamans.
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.
A new Indian airline, proposed to be launched by the Tata Group, AirAsia and another Indian investor, is likely to start operations by the fourth quarter of this year with about $50 million initial investment by the Malaysian budget carrier.
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.
