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AirAsia’s entry: Local carriers will have to change strategy

AirAsia’s entry: Local carriers will have to change strategy

India's low-cost carriers such as SpiceJet and IndiGo are certain to face challenges with the entry of AirAsia and other foreign partners. AirAsia's foray comes at a time the airline industry is in turmoil with passenger traffic sliding. The number of passengers in fact shrunk 7.3 per cent in November on a year-on-year.

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Kerala to benefit from air fare price war

Kerala to benefit from air fare price war

Kerala would likely to be able to reap benefits from the ongoing price war between low-cost aviation companies. The newly proposed joint venture between AirAsia and Tata Group that would commence operations late this year would have destinations in the state in its itinerary.

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FIPB to consider AirAsia’s JV plan on 6 March

FIPB to consider AirAsia’s JV plan on 6 March

The foreign investment promotion board (FIPB) headed by economic affairs secretary Arvind Mayaram would consider on March 6 the investment plan of MalaysiaÂ’s AirAsia in a proposed joint venture with Tata Group for launching airline operation. AirAsia has applied to FIPB to take 49 percent in a ventu

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AirAsia expects to start JV operation by 4th quarter

AirAsia expects to start JV operation by 4th quarter

By the fourth quarter of 2013, AirAsia expects to start operation of its proposed low-cost airline in a joint venture with Tata Group and Arun Bhatia of Telestra Tradeplace. As soon as the joint venture receives approval from the sectoral regulator, it would launch operation, AirAsia's founder and group CEO Tony Fernandes said

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