ibnlive » Business

AirAsia India has appointed CEO: Group chief Tony Fernandes

Press Trust of India
Apr 22, 2013 at 08:35am IST

Mumbai: Low cost carrier AirAsia on Sunday said that the AirAsia India board has approved and appointed a Chief Executive Officer for the Indian subsidiary. Earlier, an airlines spokesperson had said that the airline had not yet appointed a CEO for AirAsia India.

"The board of Airasia India has approved and appointed a Ceo for Airasia India. He will be a revelation. Thrilled to have him on board," AirAsia Group chief Tony Fernandes tweeted tonight. He, however, did not identified the person.

The comment came in response to a PTI story quoting an airline spokesperson as saying," AirAsia India has not appointed a CEO." The spokesperson said this in an e-mail statement to PTI from airline's headquarters in Sepang, Malaysia. The e-mail came after PTI sought confirmation of the name of CEO doing rounds in the industry.

AirAsia India has appointed CEO: Tony Fernandes

Air Asia, which is the largest low-cost airline in Asia, has formed a joint venture with Tata Sons and Telestra Tradeplace of Arun Bhatia.

Air Asia, which is the largest low-cost airline in Asia, has formed a joint venture with Tata Sons and Telestra Tradeplace of Arun Bhatia in a 49:30:21 holding to launch a low-cost carrier in the domestic market. The venture received a formal approval from the Foreign Investment Promotion Board on April 4 to set up the company in the country.

Meanwhile, sources said the airline has not yet sought flying licence. "They have not yet approached us for obtaining flying licence for their proposed airline," highly-placed sources in the Directorate General of Civil Aviation (DGCA) said.

Latest

More from this section