AirAsia: No Plans to Buy Indian Airline

AirAsia issued a statement last night rejecting speculation that the hugely popular low cost airline was about to purchase an Indian budget carrier.

In the statement, AirAsia Group Chief Executive Officer Tan Sri Tony Fernandes, said, “AirAsia rejects the speculation surrounding our possible expansion in India. These reports are completely incorrect. AirAsia has not submitted a bid for the Indian budget carrier, and has no intention of doing so.”

AirAsia

Within 10 years of operations, AirAsia has carried over 152 million passengers, and has grown its fleet from just two aircraft to approximately 106. The airline today has established operations based in Malaysia, Indonesia, Thailand and the Philippines servicing a network stretching across all ASEAN countries, China, India, Sri Lanka and Australia. The airline has been named the World’s Best Low Cost Airline in the annual World Airline Survey by Skytrax for four consecutive years in 2009, 2010, 2011, 2012.

AirAsia X

AirAsia X is the low-cost, long-haul affiliate carrier of the AirAsia Group that currently flies to destinations in China, Australia, Taiwan, Korea Japan and Nepal. The airline currently flies to 12 destinations across 6 countries, and operates a fleet of 9 Airbus A330-300s, each with a seat configuration of 12 Premium Flatbeds and 365 Economy seats. The airline has carried over 8 million passengers since it commenced long-haul in 2007.

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