Karun Chandhok's dreams of racing in his country's maiden Formula One Grand Prix did not materialise as Team Lotus on Tuesday decided to go with their regular drivers for this weekend's Indian Grand Prix.
Karun Chandhok has a good chance of racing in next month's inaugural Indian Formula One Grand Prix, Team Lotus owner Tony Fernandes said.
Malaysian entrepreneur Tony Fernandes completed the takeover of Premier League club Queens Park Rangers on Thursday and promised to take the club to new heights in the next few years.
Malaysia's low cost carrier Air Asia and Singapore-based Tiger Airways have been locked in a war of words, with heads of both the companies taking digs at each other in public over alleged racist remarks by the Malaysian carrier's ethnic Indian chief.
Team Lotus have extended Jarno Trulli's contract for a further year to the end of 2012, the Formula One team said at his home Italian Grand Prix on Sunday.
On the coming Labour Day, Virgin Atlantic boss and billionaire Sir Richard Branson will try his hand at a new job - as a stewardess on budget airlines AirAsia's long haul flight.
Last week, AirAsia launched a daily Airbus A-330 flight from Delhi to Kuala Lumpur at a basic fare of, hold your breadth, just Re 1 for two days.
Karun Chandhok will test for Team Lotus in Spain next week as a potential reserve for the Formula One outfit, principal Tony Fernandes said on Sunday.
Malaysian-owned Lotus Racing could have a completely new identity in Formula One next season although team principal Tony Fernandes says he wants to keep the Lotus name if he can.
Lotus F1 principal Tony Fernandes has risen to Richard Branson's challenge for the loser of the two Formula One team owners next season to serve as a stewardess on the winner's airline. Fernandes, the founder and CEO of AirAsia, said last week that his new Malaysian-backed team has to finish ahead of Branson's Virgin Racing "otherwise I will retire and kill myself".
The new Malaysian-backed Lotus team have dashed Takuma Sato's hopes of a Formula One comeback with them next year, the Japanese driver's management said on Sunday. Lotus F1, run by AirAsia airline entrepreneur Tony Fernandes, are due to announce their driver line-up in Kuala Lumpur on Monday with Italian Jarno Trulli on pole position for one of the two race seats.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
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.
Chanda Kochhar is among the three Indians in Time's Most Influential list.
Airfares on the India-Malaysia route are likely to decline in the next few months, with no-frills Malaysian carrier Air Asia planning a major foray into the Indian market at fares ranging between Rs 5,000 to Rs 6,000.Air Asia plans to fly to 12 cities, including Delhi, Kolkata, Mumbai, Chennai, Bangalore, Coimbatore, Madurai, Thiruvananthapuram, Kochi and Kozhikode.
Malaysia's budget airline AirAsia, which is eyeing more routes to India, China and Singapore, has said the country's aviation sector must be open to competition to ensure passenger growth. \n
Right from the early days of liberalisation, there have been political controversies surrounding several cases that landed on the FIPB table and which, in turn, have often led to court battles.
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.
News of all that's transpired on and off the football field
Caterham owner Tony Fernandes warned on Tuesday that he could walk away from Formula One unless his tail-end team showed significant improvement this season.
It and Vistara both book slots here; former also likely to launch Mumbai flights from early 2015.
'Indian aviation sector needs much more investment and new entrants.'
Tony Fernandes said the aviation sector here was a "double marathon" and not a "sprint".
The country's fourth budget carrier has also announced the addition of Kochi to its existing network from July 20.
Though NOC was issued by the Ministry last week, this was the first formal statement by the AirAsia CEO on microblogging site Twitter.
Queens Park Rangers will try to lure prolific FC Toronto striker Jermain Defoe back to the Premier League during the January transfer window if the price is right, the club's manager Harry Redknapp said on Thursday.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
The airline is also looking at cities in the northeast.
The Caterham Formula One team will race in next week's Abu Dhabi season-ender despite still falling short of a targeted 2.35 million pounds ($3.7 million) to get them there, an administrator said.
It has aircraft utilisation target of 16 hours as against the current 13 hours.
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.
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.
AirAsia has come under scrutiny since June when GMT Research issued a critical report questioning its accounts.
The company has charted out a three step process in achieving the target
AirAsia India began operations in June 2014.
Fernandes said south India was a fantastic market and it would be the gateway for people who want to visit southeast Asia and beyond.
AirAsia plans to sell 12 planes this year, a move that will bring in around 500 million ringgit ($156 million) in net profit.
Harry Redknapp resigned as manager of struggling Queens Park Rangers.
Vistara, an airline in which Tata Sons owns 51 per cent stake, is one of those which wants a relaxation in rules, saying these are important for the country's economic growth.
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