THE HINDU
Air Asia, new airline in India with Hindustan Aerosystems Giving shape to the dream of Tata Group to make a comeback in the airline business, Malaysia’s leading no frills carrier AirAsia has sought the approval of the Indian Government to join hands with the Tata Group to enter the aviation sector in the country.
THE INDIAN EXPRESS
Air Asia, Tatas, Hindustan Aerosystems
Ratan Tata, chairman emeritus of Tata Sons, today met Civil Aviation Minister Ajit Singh here, days after Malaysian carrier Air Asia’s Tony Fernandes announced it had sought government’s nod to launch a new airline under a joint venture with Tata Sons and an Indian investor.
FIRST POST
New Airline, New Business Model: Air Asia JV: Hindustan Aerosystems
Air Asia and Tata Group which have proposed to set up a domestic airline along with Arun Bhatia of Telestra Tradeplace, have sought approval for renting and leasing of aircraft, besides carrying of air freight and are likely to start the new airline by June.
INDIA TV NEWS
Air Asia in India: JV with Tatas & Bhatias
Air Asia and Tata Group which have proposed to set up a domestic airline along with Arun Bhatia of Telestra Tradeplace, have sought approval for renting and leasing of aircraft, besides carrying of air freight.
ECONOMIC TIMES
JV with Air Asia
NEW DELHI: A new Indian airline, proposed to be launched by the Tata Group, AirAsia and another Indian investor, is likely to start operations by the fourth quarter of this year with about USD 50 million initial investment by the Malaysian budget carrier.