The Modi administration has done much to strengthen ties with IndiaÂ´s long-standing friendly European partner. Today, new business and investment opportunities being created in India are cementing this relationship even further.
Nowadays, Indian domestic aviation industry is seeing increased interest from private entities. The aviation industry is abuzz with the entry of Tata-SIA and AirAsia into the Indian aviation market. Now, Air One has sought licence from the Ministry of Civil Aviation to start a scheduled airline.
The Union Civil Aviation Ministry last week realised that the promoters of the new airline AirAsia India has not provided names and nationalities of the Chairman, Chief Operating Officer, Chief Executive Officer and Chief Financial Officer of the proposed airline. The Ministry has received application from AirAsia for obtaining an initial No-Objection Certificate. AirAsia plans to set up its Indian unit in partnership with Tata Sons and Telestra Tradeplace
Malaysian budget carrier AirAsia, which has six airlines under its fold, will be banking heavily on a woman to ensure the success of its impending India launch. Tony Fernandes, founder of AirAsia is said to have great confidence on Kathleen Tan, 52, his decade-old associate at AirAsia, to build the India travel market, just as she did for the airline in China. Tan is known as his 'right hand' in aviation circles and was the airline's former commercial head.
Malaysian budget carrier AirAsia has opened bookings for two million seats between April 2 and 7, 2013 offering air tickets as cheap as Rs 3,300 to South East Asian destinations for travel next year. One can fly from Kolkata to Bangkok for all-in-fare of Rs 3,300, Chennai to Bangkok for Rs 3,500, Bangalore to Kuala Lumpur for Rs 5,500, Kolkata to Kuala Lumpur for Rs 5000, Kochi or Chennai to Kuala Lumpur for Rs 4500 and from Tiruchirapalli to Kuala Lumpur for Rs 4000, a statement by the budget c
Aviation experts suggest that AirAsia, in tie-up with Tata group, utilise the brand reputation of the top Indian business organisation. Apart from its international success, AirAsia is going for its tie up with the Tatas in India. Jagdeep Kapoor, Chairman & Managing Director, Samsika Marketing Consultants, suggests using this tie-up in the company's identity building.
The Union government on March 26 stated that it had cleared Malaysian budget carrier AirAsiaÂ’s proposal to start a passenger airline in India in partnership with the Tata Group, with an investment of Rs 81 crore. The proposal was cleared by the Foreign Investment Promotion Board (FIPB).
AirAsia's India entry with Chennai as its hub of operations has brought cheer to stakeholders. There is great hope of a positive growth trajectory for the various service sectors that have mushroomed around the industry. This is apart from additional revenue that the Airport Authority of India (AAI) might get. On March 26, the Foreign Investment Promotion Board (FIPB) of the Finance Ministry cleared the proposal of Malaysian low-cost carrier AirAsia and TataÂ’s joint venture for a passenger airli
Kalanithi Maran promoted low-cost carrier SpiceJet is not 'too worried' about the impending entry of AirAsia, its CEO Neil Mills said, in what is the first reaction since the Malaysian budget airline announced in February its JV with Tata Sons.