The recent reports that AirAsia India CEO & MD Mittu Chandilya is quitting the airline brings to light what many aviation analysts have been talking about behind closed doors: that AirAsia boss Tony Fernandes has put India on the back-burner.
Such murmurings have been around for sometime now, despite what Fernandes has been saying that the Indian market is key “to AirAsia's long term growth”.
An individual, who has worked closely with the airline from the outside, believes that if Tony Fernandes had taken a more hands-on approach in the operations, the AirAsia India story would have been a lot different.
To begin with, it was an open secret that Fernandes would be calling the shots in the AirAsia India joint venture, in which AirAsia Berhad of Malaysia has a 49 percent stake. The remaining 51 percent is split among the Indian partners Tata Sons and Telestra Tradeplace.
Despite that, there seems to have been no tangible impact on the operations of AirAsia India. The airline had a market share of just 1.7 percent as off December last year.
12/02/16 Anshul Dhamija/Forbes India
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Such murmurings have been around for sometime now, despite what Fernandes has been saying that the Indian market is key “to AirAsia's long term growth”.
An individual, who has worked closely with the airline from the outside, believes that if Tony Fernandes had taken a more hands-on approach in the operations, the AirAsia India story would have been a lot different.
To begin with, it was an open secret that Fernandes would be calling the shots in the AirAsia India joint venture, in which AirAsia Berhad of Malaysia has a 49 percent stake. The remaining 51 percent is split among the Indian partners Tata Sons and Telestra Tradeplace.
Despite that, there seems to have been no tangible impact on the operations of AirAsia India. The airline had a market share of just 1.7 percent as off December last year.
12/02/16 Anshul Dhamija/Forbes India
