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AirAsia India is an airline in India headquartered in Bangalore (Bengaluru), Karnataka. The airline is a joint venture with Tata Sons holding 83.67% stake in the airline and AirAsia Investment Limited (Malaysia) holding 16.33% stake.[5][6] AirAsia India commenced operations on 12 June 2014 with Bengaluru as its primary hub.

AirAsia India
IATA ICAO Callsign
AK[1] AXM[1] RED CAP[2]
Founded28 March 2013 (2013-03-28)
Commenced operations12 June 2014 (2014-06-12)
Operating bases
Frequent-flyer programTata NeuPass
Fleet size33
Destinations18
Parent companyTata Group (83.67%)
HeadquartersKempegowda International Airport[3]
Bangalore, Karnataka, India[4]
Key people
  • Banmali Agrawala (Chairman)
  • Sunil Bhaskaran (CEO)
Websiteairasia.co.in

AirAsia is the first foreign airline to set up a subsidiary in India and the company marked the Tata Group's return to the aviation industry after 60 years, having ceded Air India in 1946 however Air India return to its home in January 2022. As of June 2020, AirAsia India was the fourth largest carrier in India, after IndiGo, SpiceJet and Air India, with a market share of 7.2%.[7]


History


AirAsia India Airbus A320 named 'The Pioneer', the aircraft is painted with an image of J. R. D. Tata
AirAsia India Airbus A320 named 'The Pioneer', the aircraft is painted with an image of J. R. D. Tata

In February 2013, with the Government of India allowing a foreign direct investment of up to 49% in airlines, AirAsia Berhad applied to the Indian Foreign Investment Promotion Board (FIPB) seeking approval for commencing its operations in India.[8][9] In March 2013, AirAsia announced that it would establish a joint venture with Tata Sons and Telestra Tradeplace with Tata Sons representing the airline with two non-executive directors in the board.[10][11][12]

The airliner planned to operate with the world's lowest unit cost of 1.25 (1.6¢ US) per available seat kilometre and a passenger break-even load factor of 52%. It also planned to hedge 100% of its fuel requirements for the first three years and to achieve an aircraft turnaround time of 25 minutes.[13]

AirAsia planned to begin operations to various tier 2 and tier 3 cities with Chennai International Airport as its main operating base.[14] According to KPMG, the introduction of AirAsia was expected to cause another price war, ultimately leading to an increase in air traffic and some consolidation in the Indian aviation sector.[15] AirAsia initially invested an amount of US$50 million and in preparation for its operations in India, it struck deals with online and offline travel agents.[16][17] On 3 March 2013, the FIPB officially permitted AirAsia to rent or lease aircraft and to carry cargo on its scheduled flights. The airline then applied for permission to schedule aircraft and transport passengers,[18] which the FIPB accepted on 6 March.[19]

AirAsia India was established on 28 March 2013 and became the first foreign airline to set up a subsidiary in India.[20][21] In April, the airline started recruiting candidates for pilots and cabin crew.[22] As the final procedure to obtain Air Operator Permit, a proving flight was conducted on 1 and 2 May 2014 flying from Chennai to Kochi, Bangalore and Kolkata.[23] On 7 May 2014, the DGCA issued an Air Operator Permit to the company.[24] On 30 May 2014, the airline announced the shifting of its base to Bangalore and its first flight from there to Goa.[25] AirAsia operated its maiden flight on 12 June 2014.[26][27] In June 2015, the airline made Indira Gandhi International Airport, Delhi its secondary hub for North Indian operations.[28] In August 2015, Tata Sons increased its stake to 40.06% from 30% earlier by injecting fresh equity while Telestra's share was reduced to 10% from 20%.[29][30] As of July 2019, AirAsia India was the fifth largest low-cost carrier in India, behind IndiGo, SpiceJet, Star Air (India), and GoAir, with a market share of 7.1%.[31]

In January 2018, then managing director and chief executive Amar Abrol announced plans of the company to expect a fleet of 21 aircraft by the year end, which would make it eligible to operate overseas flights.[32] In July 2020, AirAsia India launched an aviation analytics app that would help enhance the operational efficiency of the airline by monitoring and helping manage aircraft turnaround between flights with data analytics in real time.[33]

On 29 December 2020, AirAsia Berhad announced that it would sell a 32.67% stake in AirAsia India to Tata Sons for $37.7 million, including a provision to sell the remaining 16.33% stake for $18.8 million.[34][35] Tata Sons acquired Air India Limited on 8 October 2021.[36][37] The Tata Group requested approval from the Competition Commission of India (CCI) to merge AirAsia India with Air India Limited in April 2022,[38] which was granted on 14 June 2022.[39]

AirAsia India added the gender-neutral honorific Mx as a third option for passengers booking tickets from June 2022.[40]


Corporate affairs


AirAsia India is headquartered in the Alpha 3 Building on the property of Kempegowda International Airport, in Devanahalli,[3] Bangalore, India.[41] Prior to the airline's formation, Tony Fernandes, founder of AirAsia group, announced that he would like Ratan Tata to be the chairman of the airline; however the latter refused, though he later consented to being the chief advisor to the AirAsia India management board.[42][43] On 15 May 2013, AirAsia India appointed management consultant Mittu Chandilya as CEO.[44] A month later, on 17 June, S. Ramadorai, the non-executive vice-chairman of Tata Consultancy Services, was appointed as the chairman of the airline.[45] In April 2016, Amar Abrol replaced Mittu Chandilya as the CEO of the airline.[46] In June 2018, Amar Abrol reportedly quit and in October 2018, AirAsia India announced that Sunil Bhaskaran had been appointed managing director and CEO of the airline.[47]

Former chairman of the Tata Group Cyrus Mistry alleged that there were corporate governance lapses between the two joint venture partners. [48]


Destinations


AirAsia India operates over 200 daily flights connecting 18 destinations across India.[49]

State City Airport Notes Refs
Andhra PradeshVisakhapatnamVisakhapatnam Airport[50]
AssamGuwahatiLokpriya Gopinath Bordoloi International Airport[51]
ChandigarhChandigarhChandigarh AirportTerminated[52]
DelhiDelhiIndira Gandhi International AirportHub[51]
GoaDabolimDabolim Airport[27][53]
GujaratAhmedabadSardar Vallabhbhai Patel International AirportTerminated[54]
GujaratSuratSurat AirportTerminated
Jammu and KashmirSrinagarSheikh ul-Alam International Airport
JharkhandRanchiBirsa Munda Airport[55]
KarnatakaBangaloreKempegowda International AirportHub[27][53]
KeralaKochiCochin International Airport[56]
Madhya PradeshIndoreDevi Ahilya Bai Holkar AirportTerminated[57]
MaharashtraMumbaiChhatrapati Shivaji Maharaj International AirportHub[51][58]
NagpurDr. Babasaheb Ambedkar International AirportTerminated[59]
PunePune Airport[60]
ManipurImphalImphal Airport[61]
OdishaBhubaneswarBiju Patnaik Airport
PunjabAmritsarSri Guru Ram Dass Jee International AirportTerminated[62]
RajasthanJaipurJaipur International Airport[52]
Tamil NaduChennaiChennai International Airport
TelanganaHyderabadRajiv Gandhi International Airport
Uttar Pradesh Lucknow Chaudhary Charan Singh International Airport[63]
West BengalKolkataNetaji Subhas Chandra Bose International AirportHub[53]
SiliguriBagdogra Airport[55]

Fleet


As of November 2021, AirAsia India operates the following aircraft:[64]

AirAsia India fleet
Aircraft In
service
Orders Passengers Notes
Airbus A320-200 23 180 One Aircraft in Kabali Special Livery
One Aircraft in The Pioneer Special Livery
Airbus A320neo 5 186
Total 28 0

References


  1. "AirAsia India". ch-aviation. Archived from the original on 30 December 2016. Retrieved 24 December 2016.
  2. "JO 7340.2G Contractions" (PDF). Federal Aviation Administration. 5 January 2017. p. 3-1-10. Archived (PDF) from the original on 11 June 2017. Retrieved 6 August 2017.
  3. "AirAsia_India_Statement.pdf" (PDF). AirAsia India. 31 October 2016. Registered and Corporate Office Ground Floor, Alpha 3 Kempegowda International Airport Devanahalli, Bengaluru – 560300 Karnataka, India
  4. "AirAsia India to set up innovation centre in Bengaluru". Forbes India. 27 September 2017. Archived from the original on 1 December 2017.
  5. "Tatas to hike stake in AirAsia India to 83.67% - Times of India". The Times of India. Retrieved 29 December 2020.
  6. "AirAsia to sell 32.67% stake in its Indian operations to Tata Sons". mint. 29 December 2020. Retrieved 29 December 2020.
  7. "Airlines struggle to fill seats in June as travel demand remains muted". Livemint. 17 July 2020. Retrieved 1 August 2020.
  8. "AirAsia India to take to the skies in Q4". MCIL Multimedia. Archived from the original on 24 February 2013. Retrieved 21 February 2013.
  9. Kurlantzick, Joshua (23 December 2007). "Does Low Cost Mean High Risk?". The New York Times. Archived from the original on 3 November 2014. Retrieved 28 April 2010.
  10. "AirAsia to tie up with Tata Sons for new airline in India". Times of India. 21 February 2013. Archived from the original on 27 April 2016. Retrieved 25 March 2016.
  11. "Tata Sons, Telestra Tradeplace and Air Asia to form Air Asia India". The Economic Times. 20 February 2013. Archived from the original on 7 November 2016. Retrieved 25 March 2016.
  12. "AirAsia incorporates company for Indian venture". The Times of India. New Delhi. Press Trust of India. 31 March 2013. Archived from the original on 31 March 2013. Retrieved 31 March 2013.
  13. "Passengers' perceptions of low cost airlines and full service carriers". Cranfield University. 2005. Archived from the original on 13 March 2017. Retrieved 25 March 2016.
  14. "Tatas plan return flight with AirAsia on board". NDTV. Archived from the original on 21 February 2013. Retrieved 21 February 2013.
  15. "AirAsia's India foray good news; see more competition: KPMG". CNBC. 21 February 2013. Archived from the original on 4 March 2016. Retrieved 25 March 2016.
  16. "FIPB approves AirAsia-Tata plan". The Hindu. 6 March 2013. Archived from the original on 28 May 2013. Retrieved 30 April 2016.
  17. "Air Asia to make strong sales pitch, ties up with portals, agents". Business Standard. 23 February 2013. Archived from the original on 8 March 2016. Retrieved 25 March 2016.
  18. "Air Asia, Tata Group JV seeks permission for aircraft leasing". Indian Express. 3 March 2013. Archived from the original on 6 March 2013. Retrieved 25 March 2016.
  19. "AirAsia's India investment plan gets FIPB nod". Reuters. 6 March 2013. Archived from the original on 29 September 2015. Retrieved 25 March 2016.
  20. "AirAsia incorporates Indian venture; files all papers with MCA". The Economic Times. 3 April 2013. Retrieved 25 March 2016.
  21. "FIPB to take up AirAsia India entry proposal on March 6". The Hindu Business Line. 22 February 2013. Archived from the original on 5 January 2016. Retrieved 25 March 2016.
  22. "AirAsia recruitment drive for India gets overwhelming response". The Economic Times. 14 April 2013. Retrieved 25 March 2016.
  23. "AirAsia India Proving Flights: Day 2". The Flying Engineer. 2 May 2015. Archived from the original on 3 July 2015. Retrieved 2 July 2015.
  24. "AirAsia India gets approval to fly". BBC News. 8 May 2014. Archived from the original on 21 May 2014. Retrieved 21 May 2014.
  25. "AirAsia India launches and shifts base to Bengaluru". anna.aero. 18 June 2014. Archived from the original on 26 June 2014. Retrieved 5 September 2014.
  26. "AirAsia India Tickets on sale from today". NDTV. 30 May 2014. Archived from the original on 29 May 2014. Retrieved 30 May 2014.
  27. "AirAsia India announces maiden flight from Bangalore to Goa for Rs 990". IBNLive. 30 May 2014. Archived from the original on 3 January 2015. Retrieved 2 July 2015.
  28. "AirAsia looking for a third hub after Delhi". The Economic Times. 21 May 2015. Retrieved 8 March 2016.
  29. "ATata Sons increase AirAsia India stake to 41%". The Economic Times. 18 August 2015. Archived from the original on 27 August 2016. Retrieved 25 March 2016.
  30. "Tata group ramps up stake in Air Asia". Ch-aviation. 18 August 2015. Archived from the original on 19 October 2015. Retrieved 8 March 2016.
  31. Traffic Data July 2019 (PDF) (Report). DGCA. 19 July 2020.
  32. "AirAsia India Says No Plans to Look at Air India Stake". News18. Retrieved 17 January 2018.
  33. "AirAsia India launches the 'RedSmart' App". MarTech Series. 14 July 2020. Retrieved 26 July 2020.
  34. Olsen, Robert. "Tony Fernandes's AirAsia Cuts Stake In India Joint Venture With $38 Million Sale To Tata Sons". Forbes. Retrieved 25 March 2021.
  35. Giriprakash, K. "AirAsia India: An airline at crossroads". @businessline. Retrieved 25 March 2021.
  36. "Air India: Struggling national carrier sold to Tata Sons". BBC News. 8 October 2021. Retrieved 8 October 2021.
  37. "Air India acquisition: What Tatas will get - Times of India". The Times of India. Retrieved 8 October 2021.
  38. Phadnis, Arindam Maujmder & Aneesh (27 April 2022). "Tata Group approaches CCI for merger between Air India and AirAsia India". Business Standard India. Retrieved 28 June 2022.
  39. Team, BS Web (14 June 2022). "CCI approves proposed acquisition of AirAsia India by Air India". Business Standard India. Retrieved 28 June 2022.
  40. "Vistara, AirAsia add gender-neutral flight booking options". The Hindu. Special Correspondent. 9 June 2022. ISSN 0971-751X. Retrieved 28 June 2022.{{cite news}}: CS1 maint: others (link)
  41. "AirAsia India shifts base to Bengaluru from Chennai". Times of India. 30 May 2014. Archived from the original on 27 April 2016. Retrieved 25 March 2016.
  42. "AirAsia wants Ratan Tata to head JV". The Economic Times. 24 February 2013. Retrieved 25 March 2016.
  43. "Ratan Tata to be the chief advisor to AirAsia India". The Economic Times. 17 June 2013. Retrieved 2 July 2015.
  44. "Singapore based Mittu Chandilya appointed CEO of Air Asia India". The Economic Times. 15 May 2013. Retrieved 2 July 2015.
  45. "AirAsia India appoints TCS' S Ramadorai as Chairman". The Economic Times. 17 June 2013. Archived from the original on 28 January 2018. Retrieved 2 July 2015.
  46. "Meet Amar Abrol, AirAsia India's new CEO who is set to replace Chandilya". Hindustan Times. 18 March 2016. Archived from the original on 22 May 2016. Retrieved 12 May 2016.
  47. Barman, Arijit; Chowdhury, Anirban (11 October 2018). "Tata Steel veteran Sunil Bhaskaran to be new Air Asia India boss". The Economic Times.
  48. Giriprakash, K. "AirAsia India's co-owner may just be running out of patience, cash". @businessline.
  49. "AirAsia India emerges No. 1 in On-Time Performance by the Directorate General of Civil Aviation for January 2020". newsroom.airasia.com. Retrieved 2 August 2020.
  50. "AirAsia India to start Bangalore-Visakhapatnam service from 18 June 2015". AirAsia India. 8 March 2016. Archived from the original on 22 July 2015. Retrieved 25 March 2016.
  51. "AirAsia India set to launch flights from New Delhi". Business Standard. 20 April 2015. Archived from the original on 27 April 2015. Retrieved 20 April 2015.
  52. "Air Asia adds Jaipur and Chandigarh". Air Asia (Press release). 24 July 2014. Archived from the original on 20 March 2016. Retrieved 8 March 2016.
  53. "AirAsia India commences operations from Nagpur and Indore".
  54. "AirAsia India adds Ahmedabad as its 21st destination". DeshGujarat. 25 October 2019.
  55. "Air Asia launches Kolkata Ranchi". The Economic Times. Archived from the original on 22 March 2017. Retrieved 29 July 2017.
  56. "Air Asia announces Kochi flights". NDTV. 17 June 2014. Archived from the original on 4 March 2016. Retrieved 8 March 2016.
  57. "AirAsia India to commence flight operations to Nagpur and Indore". Business Standard. 27 February 2018. Archived from the original on 28 February 2018. Retrieved 27 February 2018.
  58. "AirAsia India announces Mumbai as its next destination and add 20th aircraft to its fleet — AirAsia Newsroom". Newsroom.airasia.com. Retrieved 3 November 2019.
  59. "AirAsia India to commence flight operations to Nagpur and Indore". Business Standard. 27 February 2018. Archived from the original on 28 February 2018. Retrieved 27 February 2018.
  60. "Airasia India launches services to Pune". New Indian Express. 18 December 2014. Archived from the original on 15 November 2015. Retrieved 8 March 2016.
  61. "AirAsia Adds Another New Route, Fares Start at Rs. 1/Km". NDTV. 3 June 2015. Archived from the original on 3 March 2016. Retrieved 8 March 2016.
  62. Bernama. "AirAsia India to launch Amritsar route next month". The Edge Markets. Archived from the original on 13 June 2018. Retrieved 14 June 2018.
  63. "AirAsia India to Lucknow". Retrieved 16 June 2022.
  64. "AirAsia India Fleet Details". planespotters.net. Retrieved 21 September 2022.


Media related to AirAsia India at Wikimedia Commons


На других языках


[de] AirAsia India

AirAsia India ist eine indische Billigfluggesellschaft mit Sitz in Bengaluru. Die Gesellschaft wurde 2013 als Joint Venture zwischen der indischen Tata-Gruppe und der AirAsia gegründet und nahm 2014 den Flugbetrieb auf.[1][2] Am 29. Dezember 2020 wurde bekanntgegeben, dass Tata Sons 32,67 % von AirAsias Anteil übernimmt und damit seinen Anteil auf 83,67 % erhöht.[3]
- [en] AirAsia India

[es] AirAsia India

AirAsia India es una aerolínea que opera vuelos de cabotaje en la India y Pakistan. Es propiedad del grupo malasio AirAsia Berhad y de los grupos indios Tata Sons y Telestra Tradeplace.[2] AirAsia es la primera aerolínea extranjera en operar una filial en la India.[3] AirAsia India tiene su sede en Chennai y su aeropuerto principal en Bengaluru. Inició operaciones el 12 de junio de 2014.[4]

[fr] AirAsia India

AirAsia India[1] est une compagnie aérienne à bas prix Indo-Malaisienne[2].

[it] AirAsia India

AirAsia India è una compagnia aerea low-cost indiana con sede a Bangalore, in Karnataka. La compagnia aerea è una joint venture con Tata Sons che detiene il 51% del capitale della compagnia aerea e AirAsia che detiene il 49% del capitale. AirAsia India ha iniziato le operazioni il 12 giugno 2014 con Bangalore come hub principale.

[ru] AirAsia India

AirAsia India — индийская авиакомпания со штаб-квартирой в Бангалоре, штат Карнатака. Авиакомпания является совместным предприятием, в котором Tata Sons владеет 83,67 % акций авиакомпании, а AirAsia Investment Limited (Малайзия) владеет 16,33 % акций.[2] AirAsia India начала полёты 12 июня 2014 года из Бангалора в качестве основного узла. AirAsia является первой иностранной авиакомпанией, открывшей дочернюю компанию в Индии, и компания ознаменовала возвращение Tata Group в авиационную отрасль спустя 60 лет, уступив Air India в 1946 году. По состоянию на июнь 2020 года AirAsia India была 4-м по величине перевозчиком. в Индии после IndiGo, SpiceJet и Air India с долей рынка 7,2 %.



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