New Delhi: AirAsia India, which is in the midst of a court case about foreign control and investments, plans to restart expansion and fly international by next year after regulatory authorities gave it tacit approval last month. The order, however, noted that the airline’s budget, airfares, ancillary services and aircraft leasing among other things are approved by the parent AirAsia Group in Malaysia under the brand licence agreement signed between AirAsia India and AirAsia Group. These will be used planes and not from the AirAsia Group, Abrol stressed. For example a passenger can buy a Jaipur-Bengaluru-Kuala Lumpur ticket, where AirAsia India does the first leg and AirAsia Malaysia the second, he explained. Tony Fernandes-promoted AirAsia Bhd, through AirAsia Investment Ltd, owns 49% in AirAsia India.

Source: Mint March 02, 2017 21:45 UTC