Daily Archives: February 20, 2013

AirAsia, Tatas and Amit Bhatia seek approval to start airline in India. Is SpiceJet the target?

AirAsia A320 9M-AHS at Penang airport.

by Devesh Agarwal Malaysian low cost carrier AirAsia Berhad (Ltd.) through its investment arm, AirAsia Investment Ltd. (AAIL) has submitted an application to the Indian Foreign Investment Promotion Board (FIPB) seeking approval for AAIL to invest 49% into a proposed Indian joint venture together with Tata Sons Limited and Mr. Arun Bhatia of Telestra Tradeplace Pvt. Ltd. The expected holding …

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Infographic: How much does Kingfisher Airlines owe to each bank

by Devesh Agarwal As banks move to recall their loans to Kingfisher Airlines, below is an infographic showing the exposure of various banks to the airline. Click on the image for a larger view. You can also download the graphic, by right clicking once you click on the image.

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