Monday, May 06, 2013

AirAsia chief to visit India soon

Mumbai: AirAsia chief Tony Fernandes will visit India shortly and may meet civil aviation ministry officials, amid reports that the government has raised certain queries on their application seeking official nod to launch AirAsia India operations.
“I will come to India soon and you can ask me all the questions,” Mr Fernandes said in a text message.
AirAsia India, which last month got FIPB approval to set up a joint venture airline, has applied to the civil aviation ministry to get a No Objection Certificate (NOC) for launching its operations in the country.
In the new airline, AirAsia will hold 49 per cent stake, Tata Sons, 30 per cent, and Arun Bhatia of Telestra Tradeplace the remaining 21 per cent.
On receipt of the application, the ministry recently raised questions on AirAsia India not providing the names and nationalities of its chairman, chief operating officer, chief executive officer and chief financial officer.
05/05/13 PTI/The Statesman