AirAsia India's international services to take off in Q1 2019 with regional flights
AirAsia chief Tony Fernandes indicates that listing could be in the works for AirAsia India
Nisha Ramchandani
Singapore
AIRASIA India plans to spread its wings with international flights by the first quarter of 2019, starting with regional flights.
The joint venture backed by Tata and AirAsia will have 21 aircraft by the end of this year, making it eligible to fly beyond India. The nation requires domestic carriers to have a fleet of at least 20 aircraft before they can commence flights to overseas destinations.
TRENDING NOW
Fed hike throws Singapore banks a margin lifeline; UOB most likely to feel impact
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Real-estate veteran Desmond Sim quits from CEO roles at Realion, ETC
Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part