It will focus on the under-utilised airports instead of offering services in main hubs such as Mumbai and Delhi.
The carrier has two-third Indian directors on board, as mandated.
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
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 aviation minister, Ajit Singh, on Tata-Air Asia joint venture
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".
India is not an easy environment to operate in and grow because of the high cost of operations, says Neil Mills.
'To suddenly give the impression of taking a position that is hostile to Iran, or, at least, not friendly to Iran, is not a good thing.'
A woman passenger claimed that she had explosives and threatened to blow up the aircraft mid-air but it turned out to be a hoax. No bombs were found following a thorough search of the plane after it made an emergency landing.
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.
The airline would hire 100 cabin crew for the aircraft.
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.
AirAsia may breakeven by June this year.
It has aircraft utilisation target of 16 hours as against the current 13 hours.
Pakistan's players are scheduled to fly to Colombo on Monday despite uncertainty over their participation in the upcoming T20 World Cup.
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.
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.
Sanjiv Kapoor questions the rival's change in strategy and claims of full load.
A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw posted the matter for hearing on Friday.
There is good news for Malaysian travellers, as the low-cost carrier AirAsia is giving away a million free seats to more than 70 destinations in China, India, Taiwan, Indonesia and Thailand.
The plane was suffering a technical glitch
The airline proposes to use pilots to conduct airworthiness checks before flying.
Even as hope faded for the family of the pilot flying the missing AirAsia plane, a despairing message came from his daughter.
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.
Will build on its existing strengths. Plans to include more fuel-efficient A-320 N and offer better connectivity.
AirAsia will expand its network across ASEAN.
AirAsia says deal not violative of shareholder agreement.
HAL executives said deliveries of the Tejas Mk1A to the IAF would begin within this year, but only after the successful completion of the weapons-firing trials currently underway.
This Asia Cup has charred the relationship between India and Pakistan players.
FIA has filed two separate petitions challenging the approvals granted to Tata-Airasia and Tata-SIA Airlines deals respectively.
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.
A few days after the government made the crucial policy announcement, Tony Fernandes, chief executive officer of Air Asia, the largest low-cost carrier in Southeast Asia, said he would visit India this month.
Maverick entrepreneur Tony Fernandes, who built low-cost carrier AirAsia to be a formidable player in South-East Asia, is prepared for a price battle in the Indian skies.
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.
United States President Donald Trump has said that Iran is under close watch and a 'massive fleet' is heading towards the Gulf region.
AirAsia India, which is using the training facilities of its parent airline AirAsia in Malaysia, plans to set up similar facilities in India in the coming years, airline sources said.
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.
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.
The company has charted out a three step process in achieving the target
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