Search Result for : Air Asia

The Dollar Business Bureau Tata Sons and Malaysia’s AirAsia - owned AirAsia India has announced it would soon expand its fleet to 20 aircraft to meet the government’s conditions of flying abroad. “We are at seven aircraft and want to get to 20 at the earliest. We are not going to stop at 20. The board has approved multiple millions of dollars for this growth,” said Amar Abrol, chief executive officer at AirAsia India. Air Asia plans to induct its seventh aircraft by September this year. It expects to serve more routes, connecting Bengaluru to Goa, Hyderabad and Guwahati. The company has been showing gross profit since April, primarily due to higher passenger loads on its key routes, Abrol said. In June this year, the government liberalised ...

The Dollar Business Bureau AirAsia X has won two global awards for the fourth consecutive year in a row at Skytrax World Airline Awards 2016 held at the Farnborough International Airshow on Tuesday. The air carrier has once again bagged the World’s Best Low-Cost Airline Premium Cabin award and World’s Best Low-Cost Airline Premium Seat award. Skytrax Awards are called as the ‘Oscars of the aviation industry’ and an international benchmark of airline excellence with more than 19 million customer surveys done across the world. AirAsia X Group CEO Kamarudin Meranun said that the company is continuously improving its cabin experience and the two awards prove this. AirAsia X was the first to introduce flatbed seats having standard business class specifications in full recline ...

The Dollar Business Bureau  Tata Sons on Monday signed a deal with AirAsia India to increase its share to 49% from its earlier 41.06% by acquiring an additional 7.94% share from Telestra Tradeplace (Telestra). “Air Asia Investment will continue to hold its 49% stake in the company. The agreement was entered into on March 14, 2016 and the transaction is proposed to be completed in April 2016, subject to completion of the relevant corporate approvals and processes,” Tata Sons said in an announcement. The group said Ramadorai and Venkataramanan, two of the directors of Telestra, will acquire 0.5% and 1.5% respectively of Telestra’s remaining 2% equity stake. Air Asia, which started its operations in India in June 2014, is a joint ...

Sai Nikesh | The Dollar Business Owing to already-existing demand overseas, in the current year since January, around 15 tonnes of human hair has been exported to Rangoon, Myanmar from Tiruchi International Airport (TIA), sources from cargo department of TIA told The Dollar Business on Thursday. Around 2-3 consignments, each containing 1000 kg of human hair is reaching the airport every month, mostly from the regions like Bangalore, Chennai, among others, added the sources. “Rangoon, Myanmar account to 90% share of India’s human hair exports,” said one of the key sources from Air Asia Airlines, one of the leading carriers of Indian human hair exports, besides Malaysian Airlines. However, according to V Karthi, Secretary, Indian Human Hair Exporters Association, Indian human ...