Wednesday, July 03, 2013

AirAsia India aims to launch flights by October

New Delhi: AirAsia top brass and Ratan Tata, their advisor, Tuesday met several ministers here in an effort to speed up clearances for their proposed low-cost airline venture, saying they aimed to launch it by October.
Besides Tata, who is the Advisor to AirAsia India, AirAsia Group chief Tony Fernandes and AirAsia India's newly appointed CEO Mittu Chandilya held separate meetings with Finance Minister P Chidambaram, Home Minister Sushilkumar Shinde, Civil Aviation Minister Ajit Singh and Commerce and Industry Minister Anand Sharma through the day.
The series of meetings came over three months after AirAsia got the FIPB nod to establish the joint venture for the proposed airline. The company is a 49:30:21 joint venture partnership between Malaysian carrier AirAsia, the Tata Group and Arun Bhatia of Telestra TradePlace.
02/07/13 PTI/ZeeNews