AirAsia will be the first airline to have Chennai as a hub and would focus on tier-II and III cities in South India.
AirAsia India appears to have chosen destinations where it would face intense competition from other airlines, which fly directly to all these, barring one.
The reported buyback of Temasek's 20 per cent stake in Tata Play by Tata Sons will be the third instance of Tata Group providing an exit to a foreign partner in recent years. In 2018, Tata Sons paid $1.27 billion to DoCoMo to buy back 26 per cent of the group's telecommunication venture, Tata Teleservices. This was followed by Tata Sons acquiring AirAsia Berhad's 49 per cent stake in AirAsia India in two tranches to make it a wholly owned subsidiary.
Singapore's search operation to locate the debris of the crashed AirAsia plane came to end on Sunday with its ship that found the jet's fuselage in the Java Sea returning back after days of rigorous scouring.
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.
Indian airlines will operate a total of 23,732 flights every week during the winter schedule, which is more than 8 per cent higher than the year-ago period, amid rising air traffic demand. The winter schedule 2023 -- effective from October 29 to March 30 next year -- for the scheduled carriers has been approved by aviation regulator DGCA. Go First, which stopped flying from May 3 and is undergoing an insolvency resolution process, will not be having any operations during the winter schedule.
It has aircraft utilisation target of 16 hours as against the current 13 hours.
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.
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 runs a joint venture portal with Expedia and it is an exclusive online distribution channel for the airline.
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 airline would hire 100 cabin crew for the aircraft.
Sanjiv Kapoor questions the rival's change in strategy and claims of full load.
The carrier has two-third Indian directors on board, as mandated.
Over 70 per cent of Jet's fleet has been grounded, leading to massive cancellations.
A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw posted the matter for hearing on Friday.
Air India Express on Thursday cancelled 85 flights or around 23 per cent of the total daily capacity as the disruptions due to the cabin crew shortage continue and said Air India will operate services on 20 of its routes to minimise inconvenience to passengers.
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.
Vistara has a three-class configuration with business, premium economy and economy cabins.
AirAsia will expand its network across ASEAN.
Tony Fernandes said the aviation sector here was a "double marathon" and not a "sprint".
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.
AirAsia may breakeven by June this year.
Even as hope faded for the family of the pilot flying the missing AirAsia plane, a despairing message came from his daughter.
It will focus on the under-utilised airports instead of offering services in main hubs such as Mumbai and Delhi.
Budget airline AIX Connect has removed its manager from duty at Bengaluru airport following the incident of a flight taking off without Karnataka Governor Thaawarchand Gehlot last week, a source said on Monday.
This is the third enforcement action against a Tata Group airline in over a month.
Recruitment and import of aircraft still to get going
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
The airline proposes to use pilots to conduct airworthiness checks before flying.
The airline is also looking at cities in the northeast.
The company has charted out a three step process in achieving the target
The plane was suffering a technical glitch
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.
Malaysian carrier AirAsia has tendered an apology, withdrawn all copies of its in-flight magazine Travel 3Sixty from circulation, and removed the same from its website, complying with a Directorate General of Civil Aviation order, for wrongly depicting India's map.
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.
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.
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.
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.
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