AirAsia India is an Indo-Malaysian low cost carrier headquartered in Chennai, India. The airline is a joint venture with AirAsia Berhad holding 49% of the airline, Tata Sons holding 40.06% and Telestra Tradeplace having the remaining 10% in the airline. The company marked Tata's return to aviation industry after 60 years, having ceded AirAsia India in 1946. AirAsia is the first foreign airline to set up a subsidiary in India. Air Asia India commenced operations on 12 June 2014 with Bangalore as its primary hub.
|Bangalore to Kathmandu||Chennai to Dubai||New Delhi to Kathmandu|
|Chennai to Singapore||Chennai to Kathmandu||New Delhi to Singapore|
|Mumbai to Singapore||New Delhi to Dubai||Bangalore to Dubai|
In February 2013, with the Indian government allowing a foreign direct investment of up to 49%, AirAsia Berhad applied to the Indian Foreign Investment Promotion Board (FIPB) seeking approval for commencing its operations in India. 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. The airliner planned to operate with the world's lowest unit cost of ₹1.25 (1.9¢ US)/available seat kilometer 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. AirAsia planned to begin operations to various tier 2 and tier 3 cities with Chennai International Airport as its main operating base. 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. 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. On 3 March 2013, the FIPB officially permitted AirAsia to rent/lease aircraft and to carry cargo on its scheduled flights. The airline then applied for a permission to schedule aircraft and transport passengers, which the FIPB accepted on 6 March. AirAsia India was established on 28 March 2013. AirAsia is the first foreign airline to set up a subsidiary in India. In April, the airline started recruiting candidates for pilots and cabin crew. 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. On 7 May 2014, the DGCA issued an Air Operator Permit to the company. On 30 May 2014, the airline announced shifting of its base to Bangalore and its first flight from there to Goa. AirAsia operated its maiden flight on 12 June 2014. In June 2015, the airline made Delhi-Indira Gandhi International Airport its secondary hub for North Indian operations. 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%.
AirAsia India is headquartered in Chennai, India. 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 adviser to the AirAsia India management board. On 15 May 2013, AirAsia India appointed management consultant Mittu Chandilya as CEO. 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.
The airline's first Airbus A320-200 was delivered from the Airbus factory in Toulouse, France to Chennai International Airport on 22 March 2014. They have received in-principle approval to import 10 A320-200 aircraft. AirAsia India on 21 March 2015 unveiled its fourth aircraft with a livery dedicated to aviation pioneer JRD Tata and the aircraft was christened as The Pioneer. The sixth aircraft in the fleet joined in November and the is registered as VT-APJ in honor of APJ Abdul Kalam, former President of India.
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There are several airports served by AirAsia India, including Airport, Visakhapatnam Airport, Lokpriya Gopinath Bordoloi International Airport, Chandigarh Airport, Indira Gandhi International AirportHub, Goa International Airport, Kempegowda International AirportHub, Cochin International Airport, Pune Airport, Imphal International Airport, Jaipur International Airport, Chennai International Airport, and many more.
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