Around 600 non-flying staff of Air India and Vistara are likely to be impacted by the two airlines' mega-merger, and efforts will be made to provide job opportunities to the affected employees within Air India group and Tata companies, sources said on Wednesday. Tata Group-owned loss-making full-service carriers -- Air India and Vistara -- together have more than 23,000 employees.
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.
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.
The airline would hire 100 cabin crew for the aircraft.
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 carrier has two-third Indian directors on board, as mandated.
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.
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.
AirAsia will expand its network across ASEAN.
Over 70 per cent of Jet's fleet has been grounded, leading to massive cancellations.
Vistara has a three-class configuration with business, premium economy and economy cabins.
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.
Tony Fernandes said the aviation sector here was a "double marathon" and not a "sprint".
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.
Recruitment and import of aircraft still to get going
Ending its uncomfortable journey in India after eight years, Malaysia-based AirAsia Group on Wednesday said it has exited AirAsia India by selling its remaining 16.67 per cent stake to Tata Group-owned Air India for Rs 155.64 crore. Later in the day, Air India said it has begun the process of creating a single low-cost carrier subsidiary by merging AirAsia India and Air India Express. A working group consisting AirAsia India CEO Sunil Bhaskaran and Air India Express CEO Aloke Singh has been formed for the two carriers' integration, which is expected to take approximately 12 months, it added.
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.
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
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.
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.
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.
AirAsia says deal not violative of shareholder agreement.
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.
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.
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 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.
The search for the missing AirAsia flight QZ8501 carrying 162 people in the Indonesian waters met a dead end on Monday.
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