airasia-india-venture-to-break-even-in-december-later-than-they-expected

AirAsia India venture to break even in December, later than they expected

Bangalore, July 03 (ANI): Malaysian-based budget carrier AirAsia, on Thursday said it expected its India unit to break even in December, later than initially planned, after a delay in plane deliveries and a plan to boost investment in the fleet. The budget carrier, which launched its inaugural flight in India last month, had said it would break even around October. Tony Fernandes, owner and CEO of AirAsia, told reporters that the airline would also invest more money in new planes to raise its scale in India. AirAsia India, a three-way venture between the airline, India's Tata Group and investment firm Telestra Tradeplace, launched its debut flight on June 12. Jul 3, 2014
not-focused-on-market-shares-priority-to-keep-fares-low-airasia-india-as-1st-flight-set-to-take-of

Not focused on market shares, priority to keep fares low: AirAsia India as 1st flight set to take of

Bangalore, June 12 (ANI): As the first flight of the AirAsia India, the first airline with foreign investment in India, is set to start flights on Thursday, CEO Mittu Chandilya said that they are not focused on market shares but the priority is to keep the fares low. Chandilya said that the AirAsia chose only certain cities for operation going by their belief on the cities. Further, he also said that unlike other low-cost airlines, AirAsia is not using old aircrafts and have given good attention to the food on-board. Jun 12, 2014
airasia-india-to-start-flying-from-june-12-says-ceo

AirAsia India to start flying from June 12, says CEO

Chennai, May 30 (ANI): Chief Executive Officer of AirAsia India, Mittu Chandilya, on Friday said that the first maiden flight would start on Bangalore-Goa route from June 12 with an airfare of $ 16.755 inclusive of taxes. Chandilya, while addressing a news conference in Chennai, said operation on further routes will also be started very soon including one on Bangalore-Chennai route. May 30, 2014
airasiax-places-6-bn-order-for-25-airbus-a330s

AirAsiaX places $6 bn order for 25 Airbus A330s

Low-cost Malaysian airline AirAsia X announced Wednesday an order of 25 long-range A330-300 aircraft with a catalogue price of nearly $6 billion (4.4 billion euros) as it looks to return to serving Europe. Duration: 0:59 Dec 19, 2013
ratan-tata-to-be-chief-advisor-to-airasia-india

Ratan Tata Becomes Chief Advisor to AirAsia India

AirAsia CEO Tony Fernandes has successfully brought Ratan Tata, Chairman Emeritus Tata Group, on the airline's India board as chief advisor. The airline that promises to be all about 'low-fares' is set to touch Indian skyline by the end of this year. Jun 17, 2013
airasiatata-joint-venture-gets-nod-from-fipb

FIPB Gives Nod to AirAsia-Tata Sons JV; Fernandes Selects CEO

The Foreign Investment Promotion Board (FIPB) on Wednesday approved the proposal filed Air Asia's investment arm AirAsia Investment seeking consent for the joint venture in the domestic airline sector with Tata Sons and private investor Arun Bhatia's Telstra Tradeplace. Mar 6, 2013