Malaysian low-cost carrier AirAsia on Saturday said its Indian operations should begin later this year with three aircraft for the southern region and it would also look at setting up some ancillary businesses in the country.
"I have always said we will start in the fourth quarter. People said September, October whatever. I hope we start this year. It is not about when we start. It is about we start it right. I mean no rush," AirAsia Group CEO Tony Fernandes told reporters on his maiden visit to Chennai.
AirAsia has formed a joint venture with Tata Sons and Arun Bhatia of Telestra Tradeplace with 49:30:21 holding to start its India operations.
"We haven't got the approvals yet and I still believe we can start this year. May be September is a bit ambitious. I do not want to commit a date. Really, it is on the hands of the regulators to give us all the approvals. We are at the NOC stage. The key one is NOC. No, we have not get the NOC. It is with the Union Home Ministry."
AirAsia is expected to bring in competitive pricing in the Indian aviation market with its "nano" airfares. To a particular query, Fernandes said Air Asia India will be the "Chennai SuperKings of cost" in offering airline services.
29/06/13 ZeeNews
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