AirAsia India to take off by Oct

AirAsia India to take off by Oct

FPJ BureauUpdated: Saturday, June 01, 2019, 08:15 PM IST
article-image

New Delhi : AirAsia top brass and Ratan Tata, their advisor, met several ministers here 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.

“They came here for security clearance for Air Asia. We will examine (their application) and take a call as soon as possible,” Shinde said after his meeting. Fernandes briefed all the ministers about the new appointments and other developments in the proposed airline, with the Civil Aviation Minister saying that his ministry would give NOC as soon as the Home Ministry clears the names. “They are working on that. When they get security clearance, they will apply to the DGCA (for flying permit). I don’t expect that it will take too long,” Ajit Singh said. Malaysian carrier AirAsia has formed a joint venture with Tata Group and Arun Bhatia-run Telestra TradePlace to launch its operation in India.

RECENT STORIES

Netflix Acquires Warner Bros. & HBO In USD 82.7 Billion Deal

Netflix Acquires Warner Bros. & HBO In USD 82.7 Billion Deal

VIDEO: 'India-Russia Will Hit USD 100 Billion Trade Target Before 2030,' Says PM Modi

VIDEO: 'India-Russia Will Hit USD 100 Billion Trade Target Before 2030,' Says PM Modi

Avadhut Sathe Training Academy To Challenge SEBI's ₹546-cr Disgorgement Order

Avadhut Sathe Training Academy To Challenge SEBI's ₹546-cr Disgorgement Order

Gold Jumps ₹1,300 To ₹1,32,900 Per 10 Grams In Delhi; Silver Surges ₹3,500

Gold Jumps ₹1,300 To ₹1,32,900 Per 10 Grams In Delhi; Silver Surges ₹3,500

Govt Spends ₹7,253 Crore On Railway Station Redevelopment Under Amrit Bharat Scheme

Govt Spends ₹7,253 Crore On Railway Station Redevelopment Under Amrit Bharat Scheme