Four of the country's top six airlines, which together control 80 per cent of the local market, are selling domestic flight tickets for as soon as the third week of May
A watertight agreement is preventing Tata Sons from exiting AirAsia India
In case there is any change based on the direction provided by the regulator, he said, "we will abide to the policies and notify guests accordingly.
Around 50 pilots and cabin crew of the airline couldn't return before lockdown was announced
With 83.4%, AirAsia India was number one in on-time performance measured at four metro cities -- Bengaluru, Delhi, Hyderabad and Mumbai.
Media reports said over 200 Indians, mostly students, were stuck at Kuala Lumpur Airport due to the coronavirus outbreak in the country.
Mahathir was replying to questions by reporters on the controversial sponsorship deal that executives of Malaysia's AirAsia Group Bhd struck with the budget carrier's sole plane supplier Airbus
From good times, India's airlines flew into hard times last year, with cut-throat competition ensuring cheap tickets but also pushing some companies in the red. Here is what 2020 might hold for them
Chairman Kamarudin Meranun, too, relinquishes post temporarily over links to bribery scandal
From AirAsia CEO, chairman quitting over bribery scandal to Malaysia saying that palm oil dispute with India is temporary, here are the day's top headlines
The clause may impede Tatas' bid for Air India
From India's first fall ín direct tax collections in two decades to the latest in Tata-Mistry case, here are today's top headlines
The Enforcement Directorate (ED) has summoned senior executives of AirAsia including CEO Tony Fernandes for questioning in connection with a money laundering case
The woman was arrested and the medical examination suggested that she was in an inebriated state
The pilot-in-command of an AirAsia India flight has been suspended for three months
As AirAsia India struggles to find a firm foothold in the competitive domestic aviation space, Tatas are gaining upper hand in steering the no-frills carrier with executives from the conglomerate helming most senior positions, according to a source. A joint venture, majority-owned by Tatas, the airline's other shareholder is Malaysia's AirAsia group. The carrier, which commenced flights nearly six years ago, flew 8.78 lakh passengers garnering 6.8 per cent domestic market share in November. Over the years, there have been concerns raised in certain quarters about alleged role of the Malaysian partner having a bigger say in various matters related to AirAsia India. "Tata Sons has now an upper hand in the management of AirAsia India as against earlier when AirAsia group will call the shots in the matter of key appointments. At present, most of top positions at the carrier including the MD&CEO and CFO have people who have been closely associated with the Tata Group," a source told ...
People in the know said the Tatas sought the amendment after being nudged by the aviation ministry, which is yet to give its nod for the airline's foreign operations
From GoAir cancelling flights to Bharti Infra-Indus merger, here are the top 10 business headlines for the day
Tata Sons holds 51 per cent stake in AirAsia India, while AirAsia Berhad holds the remaining 49 per cent
The financial projections are based on the assumptions that oil prices are in the range of $60-65 per barrel, exchange rate is Rs 70-72 against USD and that airlines maintain pricing discipline.