Friday, June 21, 2013

AirAsia India all set to meet fourth quarter launch target, says Fernandes

Kuala Lumpur: With all the crucial executive appointments already announced for AirAsia India, the much-touted Indian low-cost airline is all set for a fourth quarter launch. AirAsia co-founder and group chief executive Tan Sri Tony Fernandes said the only remaining barrier prior to the launch, is several regulatory approvals from the Indian authorities.
“The whole process is almost done. I am going to India somewhere next month for some meetings and discussions. I do not think September would be a more realistic date. Maybe after that. But we would prefer if we can do it before the Diwali,” he told Bernama.
Hindus, worldwide, would celebrate Diwali (or Deepavali as it is known in Malaysia) on November 3. However, Fernandes said it still depended on regulatory approvals from the Indian authorities.
21/06/13 Borneo Post
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