Wednesday, July 03, 2013

October date for AirAsia flight

New Delhi: AirAsia India expects to start operations in October, provided government approvals come on time.
AirAsia chief Tony Fernandes and Tata Group chairman emeritus Ratan Tata today met aviation minister Ajit Singh and updated him on the new appointments and developments. The airline also applied for a no-objection certificate (NOC) from the ministry.
Tata personally flew his private jet to bring Fernandes and other company officials to Delhi.
“We came to apprise the minister of the developments that have taken place and our visit to Chennai (headquarters of the proposed airline),” Fernandes said after a meeting with Singh at his official residence here.
The Foreign Investment Promotion Board had cleared a proposal to set up a new airline — AirAsia India — over four months ago. AirAsia India will be a 49:30:21 joint venture among Malaysian carrier AirAsia, Tata Group and Arun Bhatia’s Telestra TradePlace.
03/07/13 The Telegraph