In an interview with PricewaterhouseCoopers, Aireen Omar, chief executive officer of AirAsia Bhd, talks about the company's strengths, opportunities and challenges.
AirAsia India was set up as a three-way joint venture.
The Federation of Indian Airlines had challenged the aviation regulator's decision this week to issue an operating permit to AirAsia India.
AirAsia India, whose top officials have promised to offer low and competitive airfares, will focus on connecting tier-II cities.
The company has charted out a three step process in achieving the target
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.
The carrier planned to bring in a plane a month from March to build a fleet of at least 10 jets by the end of the year.
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.
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.
AirAsia says deal not violative of shareholder agreement.
The infusion will help the airlines plan their next rounds of operations as easing of 5/20 norms
Air Asia will hold 49 per cent and the remaining will be owned by Tata Sons and Telestra Tradeplace Pvt.
AirAsia plans to sell 12 planes this year, a move that will bring in around 500 million ringgit ($156 million) in net profit.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
7,000 unemployed pilots in India but airlines continue to bet on expats
Jet Airways, part-owned by Abu Dhabi's Etihad, reported its biggest-ever quarterly loss as costs jumped and it took a charge on its investment in a subsidiary.
The airline has also inked a deal to take 12 A320s from Singapore's Tiger Airways on lease.
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