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.
Tag: AirAsia
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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 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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AirAsia may face fuel, airport cost hurdles in India
Experts say that AirAsia's unique selling proposition (USP) is its low fares and the airline can afford to offer those round-the-year because its unit costs are among the lowest. The airline earns 18 per cent of all revenue from ancillary sources.
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Growing Indian middle class economy needs LCCs: Govt
Tata Sons has not intimated anything so far to the Union government about the possible alliance with Malaysian low-cost carrier (LCC) AirAsia, the Union Civil Aviation Minister Ajit Singh has said on February 24.
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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 MalaysiaĂâs 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
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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