The company has charted out a three step process in achieving the target AirAsia India wants to become financially independent of its promoters and generate enough revenue to sustain itself. The airline which is yet to record a profitable quarter will follow a three step target to be in green said the airline’s CEO Amar Abrol. Air Asia India is a joint venture between Malayasian low cost carrier AirAsia Bhd and Indian salt-to-steel conglomerate Tata Sons. “At one point of time we ... Rediff.com, 2 weeks ago
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IndiGo which has close to 40 per cent market share, at present has 129 aircraft and operates 883 daily flights to 44 destinations. It also has around 400 aircraft on order. With size of operations growing steadily, IndiGo is looking to tap into expat airline executives as it increasingly finds it difficult to hire skilled professionals at home. Over the last one year at least four executives from foreign major airlines have joined the airline in crucial positions. An airline source said the ...Rediff.com, 1 day ago
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