|Founded||28 March 2013|
|Commenced operations||12 June 2014|
|Hubs||Kempegowda International Airport (Bengaluru)|
|Secondary hubs||Indira Gandhi International Airport (Delhi)|
|Company slogan||Now Everyone Can Fly|
AirAsia India is an Indo-Malaysian low cost carrier headquartered in Chennai, India. The airline is a joint venture with Air Asia Berhad holding 49% of the airline, Tata Sons holding 40.06% and Telestra Tradeplace having the remaining 10% in the airline. The joint venture would also mark Tata's return to aviation industry after 60 years. Air Asia India commenced operations on 12 June 2014 with Bangalore as its primary hub. AirAsia is the first foreign airline to set up a subsidiary in India.
The origins of the airline can be tracked back to October 2012, when AirAsia was keen to open operations based out of India provided the aviation environment and tax structure were conducive and friendly for low-cost airline operations. With the Indian government allowing a foreign direct investment of up to 49%, in February 2013, AirAsia applied to the Indian Foreign Investment Promotion Board (FIPB) to seek approval for commencing its operations in India. AirAsia announced that it would establish a joint venture with Tata Sons and Telestra Tradeplace. Tata sons would represent the airline with two non-executive directors in the airline's board. The airliner planned to operate with the world's lowest unit cost of ₹1.25 (1.9¢ US)/available seat kilometre and a passenger break-even load factor of 52%. It also planned to hedge 100% of its fuel requirements for the first three years and to achieve an aircraft turnaround time of 25 minutes.
AirAsia initially planned to begin operations to various tier 2 and tier 3 cities with Chennai International Airport as its main operating base but later shifted its base to Bengaluru, operating its first flight from Bengaluru to Goa. The introduction of AirAsia was expected to cause another price war, ultimately leading to an increase in air traffic and some consolidation in the Indian aviation sector.
AirAsia initially invested an amount of US$50 million in the airline. In preparation for its operations in India, AirAsia struck deals with online and offline travel agents throughout the country. Previously, limited distribution of sales had affected the airline's performance in India and AirAsia wanted to avoid that with its Indian subsidiary by all means. On 3 March 2013, the FIPB officially permitted AirAsia to rent/lease aircraft and to carry cargo on its scheduled flights. The airline then applied for a permission to schedule aircraft and transport passengers, which the FIPB accepted on 6 March. Less than two months after AirAsia announced its plans to start an airline in India, the joint venture was established on 28 March 2013 as AirAsia (India) Pvt. Ltd. In April, the airline started recruiting candidates for their cabin crew, and allowed captains and first officers to apply online for an interview in Bengaluru.
As the final procedure to obtain Air Operator Permit, a proving flight was conducted on 1 and 2 May 2014 flying from Chennai to Kochi, Bangalore and Kolkata. On 8 May 2014, the DGCA issued AirAsia India an Air Operator Permit. On 30 May 2014, AirAsia India announced its maiden flight from Bengaluru to Goa; the service started on 12 June 2014. In June 2015 the airline made Delhi-Indira Gandhi International Airport its secondary hub for North Indian operations.
In August 2015, Tata Sons the major Indian shareholder increased its stake to 40.06% from 30% earlier by injecting fresh equity while Telestra's share reduced to 10% from 20% earlier. It was also reported that Tata group may increase their stake further to 48%.
Prior to the airline's formation, Tony Fernandes announced that he would like Ratan Tata to be the chairman of the airline, however the latter refused, though he later consented to being the Chief Advisor to the AirAsia India management board. On 15 May 2013, AirAsia India appointed management consultant Mittu Chandilya as CEO. A month later, on 17 June, S. Ramadorai, the Non-Executive Vice-Chairman of the Indian software firm Tata Consultancy Services, was appointed as the Chairman of the airline.
AirAsia India currently operates in following destinations in India.
|India (Andhra Pradesh)||Visakhapatnam||Visakhapatnam Airport||18 June 2015||present|||
|India (Assam)||Guwahati||Lokpriya Gopinath Bordoloi International Airport||21 May 2015||present|||
|India (Chandigarh)||Chandigarh||Chandigarh Airport||5 September 2014||present|||
|India (Delhi)||Delhi||Indira Gandhi International AirportHub||21 May 2015||present|||
|India (Goa)||Goa||Goa International Airport||12 June 2014||present|||
|India (Karnataka)||Bengaluru||Kempegowda International AirportHub||12 June 2014||present|||
|India (Kerala)||Kochi||Cochin International Airport||20 June 2014||present|||
|India (Maharastra)||Pune||Pune Airport||18 December 2014||present|||
|India (Manipur)||Imphal||Imphal International Airport||25 June 2015||present|||
|India (Rajasthan)||Jaipur||Jaipur International Airport||5 September 2014||present|||
|India (Tamil Nadu)||Chennai||Chennai International Airport||19 June 2014||2 April 2015|||
The airline's first Airbus A320-200 was delivered from the Airbus factory in Toulouse, France to Chennai International Airport on 22 March 2014. They have received in-principle approval to import 10 A320-200 aircraft. AirAsia India on 21 March 2015 unveiled its fourth aircraft with a livery dedicated to JRD Tata and the aircraft was christened as The Pioneer.
|Airbus A320-200||5||1||180||sixth aircraft to join fleet in October 2015.|
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