Chennai: Tony Fernandes, the CEO of Malaysian low-cost airline AirAsia, has faulted poor cost management for India's aviation industry failures and said it's something his airline would get right.
AirAsia, in a tie-up with the Tatas and Telestra Tradeplace, is getting ready to launch its Indian operations. "We hope to start this year," said Fernandes, addressing mediapersons in Chennai on Saturday. It is awaiting the no-objection certificate as well as the air operator's certificate.
AirAsia, which has made the low-cost model a success in South East Asia, is coming to India at a time when the industry here has been incurring heavy losses. "If you cannot make an airline work with 1.2 billion people, there is something really wrong," he said.
29/06/13 Economic Times
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AirAsia, in a tie-up with the Tatas and Telestra Tradeplace, is getting ready to launch its Indian operations. "We hope to start this year," said Fernandes, addressing mediapersons in Chennai on Saturday. It is awaiting the no-objection certificate as well as the air operator's certificate.
AirAsia, which has made the low-cost model a success in South East Asia, is coming to India at a time when the industry here has been incurring heavy losses. "If you cannot make an airline work with 1.2 billion people, there is something really wrong," he said.
29/06/13 Economic Times
