Tag Archives: Tony Fernandes

How the Indian airline industry is attacking AirAsia India

First flight of AirAsia India. Plane at the gate.

Over the last year, the media has covered the various challenges AirAsia India is facing. Ranging from executive level departures late in 2017 onwards, to filing a First Information Report (FIR i.e. a criminal complaint) against former officers of the airline, to CBI (Central Bureau of Investigations) investigations of its director. In this analysis, we explore how the hyper-competitive Indian …

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Analysis: Indigo third quarter FY2018 results. A leader in every way.

IndiGo ATR72-600 VT-IYA. Photo by Vedant Agarwal. Copyright. Do not re-use.

India’s largest domestic carrier, IndiGo, reported its third quarter results of the fiscal year 2017-2018 (Q3FY18) last week. The third quarter is the strongest of the fiscal year, and it was a yet another strong result coming on the back of a previously strong quarter. IndiGo Q3FY18 results snapshot with percentage comparisons to Q3FY17 • Revenues ₹6,449 crores (₹64.49 billion) …

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AirAsia orders 100 Airbus A321neo. Wants massive India expansion. #FAS16

AirAsia A321neo. Airbus CGI.

Malaysia-based low cost carrier AirAsia has placed an order with Airbus for 100 Airbus A321neo. The order value is $12.6 billion This is the airline group’s first ever order for the extended variant of the popular A320neo family. The announcement was made by AirAsia Group Chief Executive Officer Tony Fernandes and Airbus President and CEO Fabrice Brégier at the Farnborough …

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Tatas and its nominee Directors to take majority stake in AirAsia India

S Ramadorai, Ratan Tata, Tony Fernandes and Mitu Chandilya with AirAsia staff

Tata Sons Limited and its nominated Directors Mr. S. Ramadorai (Chairman) and Mr. R. Venkataramanan, have together entered in to an agreement to take over the stake of Arun Bhatia promoted Telestra Tradeplace Limited in Air Asia India Limited, to gain a majority stake in the airline. Air Asia India is a joint venture promoted by Tony Fernandes promoted AirAsia …

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Opinion: AirAsia India must perform to Fernandes hype in perverse market

First flight of AirAsia India. Takeoff.

In March 2012, when AirAsia India was not even an idea, the long distance affiliate of its parent AirAsia, AirAsia X, withdrew from both New Delhi and Mumbai citing extremely high airport charges. Through the formation and application process of AirAsia India, group boss Tony Fernandes repeatedly claimed his Indian affiliate would not fly to New Delhi and Mumbai any …

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AirAsia India continues tradition, paints fourth aircraft in homage to JRD Tata

AirAsia India Airbus A320 VT-JRT in JRD Tata livery. Airline image.

AirAsia India has painted its fourth Airbus A320 aircraft with a special livery in homage to JRD Tata, considered the father of Indian civil aviation in the Indian sub-continent. The aircraft bears the registration VT-JRT (Jehangir Ratanji (Dadabhoy) Tata) and has been named ‘The Pioneer’. The livery feature a portrait of JRD Tata with the Puss Moth, the aircraft he …

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Tatas and Singapore Airlines to form new airline in India

by Devesh Agarwal Taking advantage of India’s recent liberalisation of the aviation sector, the country’s most famous conglomerate, Tata Sons, and flag carrier Singapore Airlines (SIA) have signed a memorandum of understanding and applied for Foreign Investment Promotion Board (FIPB) approval to establish a new airline in India, thus adding a well financed full service carrier with strong customer service …

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Airbus achieves 8,000 aircraft delivered milestone

Photo courtesy Airbus S.A.S. Used under fair use. Earlier this month, Airbus achieved a historic milestone when it delivered its 8,000th aircraft – an A320 for the Indonesian wing of AirAsia. Over the years, Airbus S.A.S. has grown from a single aircraft model company to an aircraft manufacturer, offering aircraft covering every segment of the market from 100 to 500+ …

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Vested interests shaping government policy helped AirAsia partner Tatas too

AirAsia India first Airbus A320 with Sharklets VT-ATF

Aviation insiders have known for many years what AirAsia boss Tony Fernandes dared publicly state the day before yesterday, after his meeting with civil aviation minister Ajit Singh. Vested interests have shaped, nay, distorted Indian civil aviation policy. One of the more shameful rules of Indian civil aviation is the policy of allowing Indian carriers to operate international flights only …

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AirAsia Announces Termination of AirAsia Japan Joint Venture with All Nippon Airways

AirAsia Japan Airbus A320. Airbus Image.

In a long expected move, Malaysian low cost carrier, AirAsia today announced its decision to terminate its participation in the joint venture with ANA Holdings Inc. under the AirAsia Japan brand with the signing of a termination agreement. The joint venture, created two years ago under the name AirAsia Japan faced many challenges since its launch. Issues stemmed from a …

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Mittu Chandilya named as CEO for AirAsia India

Mittu Chandilya has been appointed as the Chief Executive Officer (CEO) of AirAsia India (Private) Limited. Mittu will assume office effective the 1st of June 2013. As per Mr. Chandilya’s LinkedIn profile his last position was Head of Services Practices for APAC, Egon Zehnder International at Singapore. His specialisation is in senior executive search and succession planning. In his words …

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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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AirAsia shifts Bangkok operations from Suvarnabhumi to Don Mueang airports

In a move that will lose it international passengers arriving in to Thailand, AirAsia, has shifted its operations at Bangkok from Suvarnabhumi International Airport to the old Don Mueang International Airport today. AirAsia’s Group Chief Executive Officer, Tony Fernandes commented “I am extremely happy with our move to Don Mueang International Airport, which is probably Thailand’s biggest and first low …

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