AirAsia India News Monitoring

For Tatas, Chandra’s 5th year at the helm may be best yet

When N Chandrasekaran took charge of Tata Sons in 2017, he had spelt out three broad areas of focus — bringing the group closer together under ‘One Tata’ strategy, driving operating performances, and enabling greater rigour to capital allocation policies. …

AirAsia India commences Bhubaneswar-Pune flight

Image Source : PTI AirAsia India commences Bhubaneswar-Pune flight AirAsia India commenced Bhubaneswar to Pune direct flight operation from Biju Patnaik International Airport (BPIA) in Bhubaneswar on Sunday. Commerce and Transport Minister Padmanabha …

News: Tata Group boosts stake in AirAsia India

Tata Group has increased its stake in AirAsia India as the conglomerate looks to increase its share of the domestic aviation sector. On Tuesday, the company announced it would increase its holdings in the Indian-based joint venture with AirAsia from 51 per …

Tata Sons to buy 32.67% stake in AirAsia India for $37.66 million

In a move that is being pegged as the first step in consolidation of Tata Group’s aviation portfolio, Tata Sons will purchase 32.67 per cent stake in AirAsia India from Malaysian AirAsia Group Bhd, taking its holding in the joint-venture airline up to 83. …

Tata Sons to buy 33% more in AirAsia India

Tata Sons has agreed to buy an additional 32.67% stake in AirAsia India Ltd from its joint venture partner for $37.66 million, increasing its stake in the budget airline to 83.67%, Malaysia’s AirAsia Bhd said on Tuesday. Tata Sons, which owns a 51% stake …

Top flight caterer shuts shop at Delhi airport

The impact on flight catering has been such that India’s biggest player, TajSats, recently ventured into non-aviation space, like starting home delivery of meals and launching their own brand of sweets and chocolates.NEW DELHI: In what could be a likely …

Tatas spread wings in aviation, hike stake in AirAsia India to 84%

In a major step to consolidate the group’s aviation business, Tata Sons--the holding company for the salt to software conglomerate--has increased its stake in AirAsia India to 83.67 per cent from 51 per cent till now. The Tata group bought 32.67 per cent …

Tata Sons increases stake in AirAsia India to 83.67%

AirAsia Group Berhad on Tuesday executed a share purchase agreement with Tata Sons Private Ltd to sell 32.67% equity stake held by AirAsia Investment Ltd (AAIL) in AirAsia (India) Ltd (AAI) for $37,660,000. With this the holding of Tatas in AirAsia India …

AirAsia Group sells 32.7pc of AirAsia India for RM152.6m

In a filing with Bursa Malaysia, it said AAIL today entered into a share purchase agreement (SPA) with the India-based TSL, which already owned 51 per cent interest in AAI. — Reuters pic KUALA LUMPUR, Dec 29 — AirAsia Group Bhd’s wholly-owned subsidiary, …

AirAsia Group sells 32.7 pct of AirAsia India for RM152.6 mln

KUALA LUMPUR: AirAsia Group Bhd‘s wholly-owned subsidiary, AirAsia Investment Ltd (AAIL), is disposing of its 32.67 per cent equity interest in AirAsia India Ltd (AAI) to Tata Sons Private Ltd (TSL) for US$37.66 million (RM152.58 million). In a filing with …

Tata Sons to buy 32.67% more stake in AirAsia India

Tata Sons will enhance its shareholding in low-cost carrier -- AirAsia India -- by buying 32.67 per cent equity stake of its JV partner AirAsia Group Berhad. The budget airline is a JV in which Tata Sons owns 51 per cent stake, while 49 per cent is held …

Spreading wings in aviation, Tatas to hike stake in AirAsia India to 84%

The Tata Group is moving to bet big on India’s aviation sector. Having bid for Air India, Tata Sons Ltd said on Tuesday it has acquired an additional 32.67 per cent stake in AirAsia India from its Malaysian joint venture partner, AirAsia Bhd, for $37.6 …

Tata Sons to acquire 32.67% more in AirAsia India; stake to rise to 83.67%

Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for USD 37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, AAIL, which is a …

Tata group to hike stake in AirAsia India operations

Also Read | How Indians lived online during 2020 The move to consolidate its control in AirAsia India comes at a time when the group has shown preliminary interest in acquiring state owned Air India in the ongoing divestment process. Tata’s increasing …

Tata Sons to buy 83.67% stake in AirAsia India

Mumbai: Tata Sons will shortly buy an 83.67% stake in AirAsia India, its joint venture with the eponymous Malaysian low fare carrier, said two people close to the development. An announcement on the same is likely to be made as early as this evening. Tata …

Domestic air passenger flown in January 21 up over December 20; down 39.5% YoY

Demand for air travel continued to grow during the month of January 2021 on the back of capacity addition by airlines and increase in the number of people taking flights, as the number of coronavirus cases declined in the country. Indian airlines …

AirAsia Announces Proposed Disposal Of 32.67% Equity In AirAsia (India) Ltd

Tatas to hike stake in AirAsia India to 83.67%

AirAsia India in Peril as IndiGo Boosts Market Share

The Covid pandemic could soon claim its first casualty in Indian aviation as AirAsia India’s 49 percent partner, Malaysia’s AirAsia, considers pulling its share in its joint venture with the Tata Group. “We have had fantastic partners in the Tatas. But …

Presenting the RSS and SWS Series Torque Sensors Featuring Accurate Measurement of Nut and Bolt Wrenching Torques

The RSS and SWS Series rotating and reaction torque sensors are bi-directional so tightening and breakaway torques may be measured. TEMECULA, CALIFORNIA, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- The RSS, Rotating Torque Sensor, and …

Presenting the TM0-1-24VDC Signal Conditioner Module Paired with the ATM-1 Enclosure for Industrial Environments

With 24 VDC input voltage commonly found in most automated machines, this setup provides dedicated load cell signal conditioning for one force sensor. TEMECULA, CALIFORNIA, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- The TM0-1-24VDC …

The MLP Series Load Cells Offer Tension and Compression Force Measurement in Confined Spaces

The MLP mini load cell is less than 1 inch in height making it perfect for space-limited applications. TEMECULA, CALIFORNIA, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- The MLP Series, Mini Low Profile Load Cell, was designed for …

The Transducer Techniques RTS Series Features Integrated Overload Stops to Prevent Damage to the Torque Sensor

The RTS Series integrated overload stops are provided for both clockwise and counter-clockwise directions. TEMECULA, CALIFORNIA, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- The RTS Series reaction torque sensor is offered in six …

JD Technologies, LLC Selected by Metal Finishing Technologies to Represent Their Metal Plating / Finishing Services

JD Technologies, LLC will use its extensive field sales expertise to pursue new applications for Metal Finishing Technologies’ plating and finishing services. YORK, MAINE, USA, February 25, 2021 /⁨EINPresswire.com⁩/ -- JD Technologies, LLC, an …

Governments and Corporations are Responsible for the Life and Death of Small Business

No More Excuses: Small Business Needs Support, Not Lockdowns and Unfair Restrictions TORONTO, ONTARIO, CANADA, February 25, 2021 /⁨EINPresswire.com⁩/ -- How many small businesses throughout Canada have struggled and closed while many large …

CDI Energy Products and Corken Announce Multi-Year Polymer Supply Partnership

CDI, a global leader in high-performance polymer products, today announced a long-term polymer supply partnership with Corken, Inc., a unit of IDEX Corporation. HOUSTON, TEXAS, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- CDI Energy …

Press Release - Boeing to Pay $6.6 Million in Penalties to FAA

WASHINGTON The Federal Aviation Administration (FAA) has assessed $5.4 million in deferred civil penalties against The Boeing Company for failing to meet its performance obligations under a 2015 settlement agreement. The Chicago-based aircraft manufacturer …

Kratos Reports Fourth Quarter and Fiscal 2020 Financial Results

Fourth Quarter and Fiscal 2020 Revenues of $206.4 and $747.7 Million, Increased 11.5 percent and 4.2 percent, respectively, over 2019 Fourth Quarter and Fiscal 2020 Unmanned Systems Segment Revenues of $49.5 and $187.0 Million, Increased 29.2 and 15.9 …

Dotgo™ Bags the Prestigious MEFFY Award 2021

RichOTP™, a product from DotGo, was adjudged the winner by thought leaders from across the globe. BERKELEY HEIGHTS, NEW JERSEY, UNITED STATES OF AMERICA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Dotgo, a pioneer in Rich Communication Services ( …

Top Aces Corp. Demonstrates Advanced Adversary Training Capabilities to USAFE

MESA, Ariz., Feb. 25, 2021 (GLOBE NEWSWIRE) -- On February 24th, 2021, Top Aces Corp. (Top Aces), together with Huntington Ingalls Industries, was contracted by the United States Air Force in Europe (USAFE) for fast jet adversary support at the Ramstein …

KULR and CSA Group Partner to Develop New Battery Safety and Testing Procedures For Canada

Collaboration is KULR’s latest involvement in defining regulatory and industry standards for batteries following participation with the United Nations and the US Federal Aviation Administration SAN DIEGO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- KULR Technology …

Designed for Harsh Industrial Environments the HSW Series Load Cells Offer Resistance to Washdown and Most Chemicals

These hermetically sealed universal load cells offer engineers high accuracy, low deflection, and fast frequency response. TEMECULA, CALIFORNIA, UNITED STATES, February 24, 2021 /⁨EINPresswire.com⁩/ -- The HSW Series load cells are offered to …

Presenting the TLL Series, an Economical Method for Accurately Measuring Inline Tension Forces

The TLL Series offers load cells that can accurately measure inline tension forces in ranges of 500 to 50,000 pounds. TEMECULA, CALIFORNIA, UNITED STATES, February 24, 2021 /⁨EINPresswire.com⁩/ -- The TLL Series tension load cells are offered as …

Transducer Techniques' CLP Series Load Pins Offer Force Measurement Solutions for Pulley Shaft bolts, and Clevis Pins

With force ranges between 1,500 and 200,000 pounds the CLP Series load pins are suitable for a variety of industrial applications. TEMECULA, CALIFORNIA, UNITED STATES, February 24, 2021 /⁨EINPresswire.com⁩/ -- The CLP Series load pins are …

From Transducer Techniques the TMO-1 Load Cell Module is a Complete Differential Amplifier and Signal Conditioner

The TMO-1 offers engineers support for load cells or torque sensors in remote or behind-panel applications. TEMECULA, CALIFORNIA, UNITED STATES, February 24, 2021 /⁨EINPresswire.com⁩/ -- The TMO-1 Load Cell Module is a complete differential load …

BISim Launches New Customer Portal

BISim has launched a new Customer Portal on its website bisimulations.com offering an enhanced support experience for our customers. ORLANDO, FLORIDA, UNITED STATES, February 24, 2021 /⁨EINPresswire.com⁩/ -- Bohemia Interactive Simulations (BISim) …

Grupo Aeroportuario del Pacifico Announces Results for the Fourth Quarter of 2020

GUADALAJARA, Mexico, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) reported its consolidated results for the fourth quarter ended December 31, 2020 (4Q20). Figures are …

Valent Low-Carbon Technologies Secures Investment from World Energy

Valent Secures Investment from World Energy to Advance Net-Zero Emissions Technologies for Renewable Diesel and Sustainable Aviation Fuel Production TORONTO, BOSTON, February 24, 2021 /⁨EINPresswire.com⁩/ -- Valent Low-Carbon Technologies, a …

New Speakers announced for the Virtual Helicopter Technology Central and Eastern Europe 2021 Conference

SMi Group Reports: Speakers from the Czech Republic, Hungary, NATO, Netherlands, and the US have confirmed to speak at the virtual conference in May. LONDON, LONDON, UNITED KINGDOM, February 24, 2021 /⁨EINPresswire.com⁩/ -- Now in its sixth year, …