Millennium Post

AirAsia chief likely to call on Ajit Singh next week

With his proposed budget airline still awaiting nod from the Civil Aviation Ministry, AirAsia group chief executive Tony Fernandes may call on Union Minister Ajit Singh next week when he visits the country.

 AirAsia India can seek flying licence only after it gets the go-ahead from the Union Home and Aviation Ministries.‘I am coming to India next week-end,'  Fernandes said.

 This will be Mr Fernandes's first visit after his company joined hands with the Tata Group and Arun Bhatia of Telestra TradePlace to launch a low-cost airline in a 49:30:21 partnership.

AirAsia had presented its business plan and the application for a no-objection certificate to the aviation ministry in April to start its India operations.  AirAsia India received approvals from the Foreign Investment Promotion Board (FIPB) in early April.
Agencies

Agencies

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