Air Asia chief executive Tony Fernandes has called Kingfisher Airlines "bad biryani", which you don't see much in India.
Air Asia, a low-cost carrier, plans to launch operations in India by the end of this year. The airline is waiting for an NOC and an air operations certificate from the government.
The airline would be operated as a joint venture between Tata Sons and Air Asia, with Air Asia holding 49 per cent of the airline. The joint venture would also mark Tata Sons' return to aviation industry after 60 years.
When asked what the learnings from Kingfisher Airlines experience were, Tony Fernandes said: "Focus. I have said it to Vijay many times. This is damn bloody tough business. People saw me running around in a T-shirt and a cap and said well if that Indian guy can do it then I can. Vijay was one of the many billionaires who got into the airline business, but it is a very, very tough business. You can lose a fortune very quickly. You have to be meticulous and it needs focus.
01/07/13 Saurabh Gupta/NDTV.com
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Air Asia, a low-cost carrier, plans to launch operations in India by the end of this year. The airline is waiting for an NOC and an air operations certificate from the government.
The airline would be operated as a joint venture between Tata Sons and Air Asia, with Air Asia holding 49 per cent of the airline. The joint venture would also mark Tata Sons' return to aviation industry after 60 years.
When asked what the learnings from Kingfisher Airlines experience were, Tony Fernandes said: "Focus. I have said it to Vijay many times. This is damn bloody tough business. People saw me running around in a T-shirt and a cap and said well if that Indian guy can do it then I can. Vijay was one of the many billionaires who got into the airline business, but it is a very, very tough business. You can lose a fortune very quickly. You have to be meticulous and it needs focus.
01/07/13 Saurabh Gupta/NDTV.com
