Kuala Lumpur: AirAsia, which got the green light last week to take up a 49% stake in a joint venture to set up AirAsia India, is optimistic about clinching the air operator's certificate (AOC) in India.
AirAsia co-founder and deputy group chief executive Datuk Kamarudin Meranun said this is because AirAsia had not received any negative response from Indian authorities since its investment proposal was cleared last week.
“It is too soon to tell but AirAsia got the preliminary approval at record speed'. Hopefully, we can get the AOC licence by the end of the year but it's not our call,” he said.
Thus far, Kamarudin said “we have not received any documentation querying us in return on this”, which he added was a sign that AirAsia's application should be smooth-sailing.
15/03/13 Liz Lee/The Star Online