GR Gopinath of Air Deccan fame is to observe the fate of the AirAsia-Tata Sons joint venture airline startup before launching his own budget air carrier. For now, Gopinath has decided to keep his application for launching the budget airline on hold. After getting Foreign Investment Promotion Board nod, AirAsia on April 23 filed a formal application with the Union Aviation Ministry to seek clearance for starting the Indian subsidiary.
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