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.
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....
more
11:35 PM, Apr 21, 2013
Even as AirAsia's plans to launch an airline in India along with the Tata Group is yet to fructify, the Malaysian carrier has announced upto 70 per cent discount on international flights from India. ...
11:20 AM, Apr 02, 2013
New Delhi: Gearing up to launch services in partnership with Tatas, Malaysian low-cost carrier AirAsia has incorporated a company in India with the filing of all requisite documents with the Ministry of Corporate Affairs. The venture, AirAsia (India) Pvt Ltd, was incorporated as an "Indian non-government company" with its registered office in Mumbai. It will be an "unlisted" company, as per the documents filed with the Registrar of Companies (RoC)....
12:10 PM, Mar 31, 2013
New Delhi: AirAsia Bhd's proposal to set up a joint venture for running a passenger airline with the Tata Group has been approved by India's Foreign Investment Promotion Board (FIPB), a government statement said on Tuesday. Malaysia's AirAsia, the largest budget carrier in Asia, plans to launch a regional airline in India with an initial investment of Rs 800 million to cash in on rising demand for domestic air travel...
02:25 PM, Mar 26, 2013
Indian representatives on the board and indeed in the airline's senior management. Whether AirAsia Bhd's aircraft can be brought in for operation into India, a measure that would certainly be cheaper for the airline, is still unclear. Though the government has cleared the investment, AirAsia will actually have to lobby for permissions at every step. ...
05:00 PM, Mar 13, 2013
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday expressed hope that inter-ministerial differences would be sorted out paving the way for Tatas to set up airline company in collaboration with Malaysian budget carrier AirAsia. ...
03:10 PM, Mar 11, 2013
The Foreign Investment Promotion Board on Wednesday approved AirAsia's proposal to set up an airline jointly with the Tata group, a Finance Ministry official said. ...
12:58 PM, Mar 06, 2013
AirAsia Bhd's planned joint venture in India with Tata Sons could face some procedural problems, Aviation Minister Ajit Singh said on Wednesday, without elaborating. However, Singh said he does not see any other major hurdles for the venture in India. ...
12:30 PM, Mar 06, 2013
A new Indian airline, proposed to be launched by the Tata Group, AirAsia and another Indian investor, is likely to start operations by the fourth quarter of 2013 with about $50 million initial investment by the Malaysian budget carrier. ...
04:10 PM, Feb 21, 2013
Malaysian budget carrier AirAsia on Wednesday sought the government's approval to launch an airline with the Tata Group. AirAsia will hold a 49 per cent stake in the joint venture with the third partner being Telestra Tradeplace. ...
04:13 PM, Feb 20, 2013
Amritsar is one of the first destinations featured on the joint venture along with Kuala Lumpur and Manchester. ...
02:46 PM, Jan 01, 2007
