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AirAsia India (Bengaluru International) is seeking to speed up its merger with Air India Express (IX, Delhi International), and has sought approval from India's Directorate General of Civil Aviation (DGCA) to close the merger around three months earlier than the previously flagged March 2024 ...
Local media had beenspeculating since last yearthat it was most likely to merge AirAsia India into another budget carrier,Air India Express(IX,Delhi International), which the group acquired together with Air India. “The proposed combination relates to the acquisition of the entire equity share cap...
Air India Express & AIX Connect set to merge on October 1, 2024 September 11, 2024 by Ajay 5 Comments Air India Express will see the last step in its long-drawn merger process with AirAsia India come to a close on October 1, 2024. Here is what will go down on the last day. ...
Fernandes also dismissed the prospect of a merger with Malaysia Airlines. He believes that AirAsia has sufficient cash to see it through most of 2020, but that it is talking to the Malaysian government about a credit facility. “Liquidity is available in Malaysia, Thailand, ...
“Even though the last two years have been the most difficult and disrupted years in the history of commercial aviation, I welcome the year ahead with much greater confidence. Domestic air travel has already started to rebound in our key markets. While there may be some delays for international...
AirAsia/AirAsia X merger a logical step that would better align operations The proposed merger of the AirAsia short haul brands with the widebody airline AirAsia X (AAX) would bring the AirAsia Group more into line with other major Asia-Pacific LCCs that operate...
on November 18, a source in the banking sector confirmed to another newspaper, Business Standard, that Tata Sons would buy the remaining stake for USD19 million in a transaction to be completed by early next year. Once that is done, the planned merger with Air India Express can then go ah...
Campbell Wilson, CEO and managing director of Air India, said Tata would now work on building a single Air India Group low-cost carrier. The merger with Air India Express is flagged to finalise before the end of 2023 and a working group has already been established to decide how best to ...
AirAsia crash partly blamed on faulty rudder, say investigators Problems with system identified 23 times in run-up to Flight QZ8501 tragedy August 25 2015 Transport Founders: Indonesia’s Lion Air magnate Rusdi Kirana The billionaire has gone from selling typewriters to build one of fastest-growing...