Saturday, July 28, 2018

AirAsia India flies 87% more passengers in June quarter

AirAsia India (AAI) today said it has flown 1.82 million passengers in the April to June period, registering an 82 per cent growth over the year-ago period.

The no-frills carrier - a joint venture between the Tata Sons and Malaysia's AirAsia Berhad - had carried a little over one million passengers in the same period last year, a company release said.

The Bengaluru-based airline, whose one of the directors, R Venkataramanan, along with AirAsia group chief Tony Fernandes are under CBI investigation for allegedly trying to manipulate government policies, also saw an 87 per cent increase in the number of seats it deployed to 2.09 million during June quarter, against 1.11 million seats offered in the same period last year.

Venkataramanan is the managing trustee of the Tata Trust and nominee of Tata Sons, which holds 49 per cent in the budget carrier, on the board of Air Asia India.
27/07/18 PTI/Economic Times