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, 1 month ago
More than the revenue component, the movies gain hugely in terms of visibility and reach, reports T E Narasimhan. IMAGE: Prabhas and Rana Dagubatti in Baahubali. Baahubali 2, the sequel to the hugely popular mythological-historical fiction film, hits the screens in India and the US this week. It already has 15 brands in the bag; companies such as Nestle and Britannia, among others, that have a national and global footprint have all come on board. Another movie, VIP 2, that stars Dhanush ...Rediff.com, 2 days ago
Refusing to apologise to the Air India official whom he allegedly thrashed, Shiv Sena MP Ravindra Gaikwad on Saturday said he would only tender an apology to Parliament for disrespecting its dignity. Asserting that it was a small conflict, Gaikwad said the staff member of the airline is mad and around eight such cases of indulging in a brawl have been registered against him. “The Air India staff had started the conflict. It was his fault why would I apologise? I will apologise to the ...Rediff.com, 2 weeks ago Live updates: After being barred from flying, Shiv Sena MP Ravindra Gaikwad to reach Mumbai at 10 AM DNA, 1 month ago
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 month ago
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