[

airasia india

]
Tata group, which placed an expression of interest for Air India, recently announced its decision to raise its stake in AirAsia India to 84% by buying out a part of its Malaysian partner AirAsia Bhd’s shares.(AFP)

Tata group to plot flight path for aviation business

Hindustan Times, Mumbai/New Delhi | By Anirudh Laskar and Rhik Kundu, Mumbai/new Delhi
PUBLISHED ON JAN 06, 2021 11:36 PM IST
Tata group also owns 51% of Vistara, with the rest held by Singapore Airlines (SIA). Meanwhile, under the share-purchase pact with AirAsia Bhd, Tata Sons has the option to raise its stake to 100% in AirAsia India.
AirAsia India started flying in 2014 with a promise to break even in four months, but it’s never made money in what is one of the world’s most difficult markets(REUTERS)
AirAsia India started flying in 2014 with a promise to break even in four months, but it’s never made money in what is one of the world’s most difficult markets(REUTERS)

AirAsia sells stake in India venture to Tata for $38 million

By Bloomberg | Posted by Ayshee Bhaduri
UPDATED ON DEC 30, 2020 09:18 AM IST
AirAsia Group last month said it was reviewing investment in its cash-strapped Indian affiliate, hours after its Japan unit filed for bankruptcy. The group has also stopped funding AirAsia India leaving the future of the company largely dependent on India’s Tata Group.
AirAsia Bhd had in June approached the Tata group to sell its stake, as mandated by the terms of the joint venture under which Tata Sons has the first right to buy out the shares.(Mint)
AirAsia Bhd had in June approached the Tata group to sell its stake, as mandated by the terms of the joint venture under which Tata Sons has the first right to buy out the shares.(Mint)

Tata Sons to buy 33% stake in AirAsia India for $37mn

Livemint, New Delhi | By Rhik Kundu
PUBLISHED ON DEC 30, 2020 02:07 AM IST
Tata Sons, which owns a 51% stake in the Indian joint venture, also has the option to buy out AirAsia Bhd’s remaining 16.33% stake after the closure of the deal.
The airline, which previously owned 49% of AirAsia India as part of a joint venture with Tata Sons, said the sale would allow the company to focus on its recovery in its key Southeast Asian markets.(Jagadeesh NV/ Mint)
The airline, which previously owned 49% of AirAsia India as part of a joint venture with Tata Sons, said the sale would allow the company to focus on its recovery in its key Southeast Asian markets.(Jagadeesh NV/ Mint)

AirAsia to sell 32.67% stake in its Indian operations to Tata Sons

Kuala Lumpur | By Reuters | Posted by Shankhyaneel Sarkar
UPDATED ON DEC 29, 2020 06:37 PM IST
Malaysian budget airline AirAsia Group Bhd said in a bourse filing on Tuesday it plans to sell 32.67% of its stake in its Indian operations to Tata Sons for $37.7 million.
The occupancy rate or load factor of six major Indian airlines was between 66.3% and 77.7% in November, it stated.(Photo by Parwaz Khan  / Hindustan Times)
The occupancy rate or load factor of six major Indian airlines was between 66.3% and 77.7% in November, it stated.(Photo by Parwaz Khan  / Hindustan Times)

Domestic air passengers in November 51% lower than last year: DGCA

New Delhi | By Press Trust of India | Posted by Nilavro Ghosh
PUBLISHED ON DEC 18, 2020 04:15 PM IST
While IndiGo carried 34.23 lakh passengers in November, a 53.9% share of the total domestic market, SpiceJet flew 8.4 lakh passengers, which is 13.2% share of the market, according to data shared by the DGCA.
The suspension was carried out a week ago, the official said.(ANI Photo)
The suspension was carried out a week ago, the official said.(ANI Photo)

DGCA suspends two senior executives of AirAsia India over safety violations

New Delhi | By Press Trust of India| Posted by: Harshit Sabarwal
PUBLISHED ON AUG 11, 2020 10:28 AM IST
In June this year, one of the AirAsia India’s former pilots -- who runs a YouTube channel called Flying Beast -- alleged violations of safety norms by the low-cost airline.
Gaurav Taneja gave the example of the Imphal airport, where the plane descends more steeply as compared to other airports when approaching for landing.(REUTERS)
Gaurav Taneja gave the example of the Imphal airport, where the plane descends more steeply as compared to other airports when approaching for landing.(REUTERS)

DGCA issues show cause notice to AirAsia India executive after pilot alleges safety violations

New Delhi | By Press Trust of India
PUBLISHED ON JUN 28, 2020 09:20 PM IST
Senior DGCA officials had confirmed on June 15 itself that AirAsia India was under investigation after Taneja’s allegations.
Under the RedPass initiative, AirAsia India will give away 50,000 seats without any base fare on flights across its domestic sectors to doctors as a gesture of gratitude.(Reuters file photo)
Under the RedPass initiative, AirAsia India will give away 50,000 seats without any base fare on flights across its domestic sectors to doctors as a gesture of gratitude.(Reuters file photo)

AirAsia India offers 50,000 seats without charging base fare to doctors amid pandemic

Mumbai | By Press Trust of India | Posted by Niyati Singh
UPDATED ON JUN 01, 2020 06:27 PM IST
No-frills airline AirAsia India on Monday said it is offering 50,000 seats without charging base fare to the doctor community who, along with other frontline workers, are working to save lives amid the coronavirus pandemic.
Air Asia (India) sources confirmed the airline’s decision to start taking bookings from April 15, but said that they will be abiding by the Directorate General of Civil Aviation (DGCA) order.(FILE PHOTO.)
Air Asia (India) sources confirmed the airline’s decision to start taking bookings from April 15, but said that they will be abiding by the Directorate General of Civil Aviation (DGCA) order.(FILE PHOTO.)

Air Asia to open bookings on April 15, if nationwide lockdown is lifted

Hindustan Times, Mumbai | By HT Correspondent
UPDATED ON APR 04, 2020 11:36 PM IST
The airline’s decision comes after civil aviation secretary Pradeep Singh Kharola, on Thursday left the decision of commencing ticket bookings on the airlines.
GoAir, which inducted 17 aircraft in 2018, added 13 in 2019.(Photo Credit: GoAir)
GoAir, which inducted 17 aircraft in 2018, added 13 in 2019.(Photo Credit: GoAir)

India’s commercial airline fleet grew 29% in 2019

Hindustan Times, Mumbai | By Neha LM Tripathi, Mumbai
UPDATED ON JAN 02, 2020 07:02 AM IST
A senior airline official said that the expansion of the commercial airline fleet indicates airlines are optimistic about future passenger growth.
AirAsia will provide pollution masks to its passengers taking flights to Delhi from Bengaluru, Hyderabad, Mumbai and Kolkata.(ANI Photo)
AirAsia will provide pollution masks to its passengers taking flights to Delhi from Bengaluru, Hyderabad, Mumbai and Kolkata.(ANI Photo)

Passengers flying to Delhi from four cities to get pollution masks: AirAsia India

New Delhi | By Press Trust of India
UPDATED ON NOV 19, 2019 05:53 PM IST
The initiative is being taken in view of high pollution levels in Delhi, the airline said, adding that PM 2.5 particles can “reach deep into the lungs”.
The loss-making Vistara airline has said the launch of international flights, which will give it greater scale to grow, is part of its path to profitability.(Reuters)
The loss-making Vistara airline has said the launch of international flights, which will give it greater scale to grow, is part of its path to profitability.(Reuters)

Vistara to launch first international flights in August

Singapore | By Reuters
PUBLISHED ON JUL 12, 2019 01:46 AM IST
The carrier, a joint venture between Tata Sons and Singapore Airlines Ltd, will launch one daily flight from Delhi and one from Mumbai to the city-state, a popular destination for Indian travellers.
According to the vision document, key action steps include tax treaties with leading countries and zero rating of GST, Corporate Tax, stamp duty and withholding taxes on aircraft leases.(Arvind Yadav/HT PHOTO)
According to the vision document, key action steps include tax treaties with leading countries and zero rating of GST, Corporate Tax, stamp duty and withholding taxes on aircraft leases.(Arvind Yadav/HT PHOTO)

New tax regime to bring down airfares

Hindustan Times, New Delhi | By Faizan Haidar
UPDATED ON JUL 07, 2019 11:19 AM IST
Finance Minister Nirmala Sitharaman while presenting her first Budget of the Modi 2.0 government on Friday had said that the time is ripe for India to enter into aircraft financing and leasing activities from Indian shores.
This photograph taken on March 8, 2018 shows an airplane of Air Asia, the low-cost airline headquartered in Malaysia, taxiing before take-off at the Kempe Gowda International Airport in Bangalore.(AFP File Photo)
This photograph taken on March 8, 2018 shows an airplane of Air Asia, the low-cost airline headquartered in Malaysia, taxiing before take-off at the Kempe Gowda International Airport in Bangalore.(AFP File Photo)

AirAsia rolls out discounted fares starting at Rs 1,399 for international travel

Mumbai | By Press Trust of India
UPDATED ON DEC 19, 2019 12:11 PM IST
Malaysian budget carrier AirAsia Berhad, which runs AirAsia India (AAI) along with Tata group, on Saturday announced discounted fares starting as low as Rs 1,399 for international flights
The CBI has alleged that lobbyists were paid money which was utilised for paying bribe to unknown public servants and others for securing permit for operation of international scheduled air transport services.(AP file photo)
The CBI has alleged that lobbyists were paid money which was utilised for paying bribe to unknown public servants and others for securing permit for operation of international scheduled air transport services.(AP file photo)

CBI calls AirAsia director R Venkataramanan for questioning on July 3

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON JUN 29, 2018 07:28 PM IST
It is alleged that accused promoters of AirAsia and board of directors allegedly entered in criminal conspiracy with unidentified government officials through lobbyists to expedite the approval process for AirAsia India and change in aviation policies to suit the company.
A static display of the AirAsia flight bangalore to goa. Photographed on 12 June 2014 by Jagadeesh NV/ Mint
A static display of the AirAsia flight bangalore to goa. Photographed on 12 June 2014 by Jagadeesh NV/ Mint

CBI questions ‘lobbyist’ Sunil Kapur in AirAsia flying licence case

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON JUN 05, 2018 08:44 PM IST
The CBI alleges that Sunil Kapur, owner of Travel Food Services, was employed by AirAsia Group CEO Tony Fernandes as lobbying agent to whom the onboard catering contract was given by deputy CEO Bo Lingam as a “quid pro quo” without any negotiation.
AirAsia Group CEO, Tony Fernandes.(AFP Photo)
AirAsia Group CEO, Tony Fernandes.(AFP Photo)

How a comma in India’s FDI policy let AirAsia fly

Livemint | By Asit Ranjan Mishra
UPDATED ON JUN 01, 2018 11:50 AM IST
On Tuesday, CBI raided the offices of AirAsia India and filed a complaint against Tony Fernandes, the CEO of the Malaysian parent, for allegedly lobbying the government for overseas flight permits and violating rules.
File photo of AirAsia Group CEO Tony Fernandes.(REUTERS)
File photo of AirAsia Group CEO Tony Fernandes.(REUTERS)

Have AirAsia’s Tony Fernandes on tape, says lawyer for former CEO Chandilya

Bengauluru/New Delhi, Hindustan Times | By HT Correspondent
UPDATED ON MAY 31, 2018 08:41 AM IST
The CBI has registered a case against AirAsia Group CEO Tony Fernandes, Venkataramanan and other officials for allegedly trying to manipulate government policies through corrupt means to get international licence.
(Getty Images/Vetta)
(Getty Images/Vetta)

Soon, passengers may be able to opt for in-flight WiFi with their plane tickets

Livemint, Mumbai | By Rhik Kundu
UPDATED ON MAY 25, 2018 10:56 AM IST
The DoT is in the process of creating a separate category of licensees called in-flight connectivity provider, who will provide internet as well as voice services within Indian territorial airspace in both domestic and international flights.
SHARE
Story Saved