AirAsia plans to prepone the launch of its India operations to June

The LCC is currently preparing a ground so that as soon as the FIPB (Foreign Investment Promotion Board) clearance comes they should be able to launch operations

Travel News
Travel News

AirAsia may start its domestic operations in India by as early as May-June. The LCC had earlier planned to launch its operations in the country towards the end of the current calendar year.

"AirAsia is currently preparing a ground so that as soon as the FIPB (Foreign Investment Promotion Board) clearance comes they should be able to launch operations." a source told ET.

In February, AirAsia had announced a tieup with theTata Group and Arun Bhatia's Telestra Tradeplace for a scheduled domestic airline. Approval for the joint venture proposal is pending before the FIPB, which approves proposals that require government permission. The matter is likely to come up for a hearing on March 6.

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