Articles tagged “tata”

Foreign Airlines Sink Money into India Ventures with Eye on Future Pay Day

Kay Johnson, Associated Press

Only profitable carriers can afford to gamble on India where the market is on the brink of a boom. The transition from trains to planes has started and airlines investing now will benefit the greatest.

Singapore Airlines and India’s Tata Group to Launch Full-Service Carrier

Karthikeyan Sundaram, Bloomberg

Singapore is the third foreign airline to invest in the Indian market and the second to partner with Tata since India announced international carriers could invest in local airlines.

AirAsia’s India venture will only sell tickets through Expedia

The Indian aviation market isn't exactly the most healthy business market, and you would expect AirAsia to want to have as wide a distribution network as possible, instead of just working with its JV partner Expedia.

AirAsia’s future India hub city of Chennai excited about benefits to its travel economy

Chennai, formerly Madras, has been a relatively sleepy travel hub in India, amidst all the activity in Delhi, Mumbai or even Hyderabad. This move will surely have big benefits to the local economy, and likely will spur more hotel and infrastructure development.

AirAsia’s India launch may come with free seats to grab marketshare

Karthikeyan Sundaram, Bloomberg

AirAsia will come in with a big splash, but will have to sustain the cost structure long term and learn from past failures of players before them.

AirAsia’s India foray will have big headwinds, including endemic red tape

Karthikeyan Sundaram, Bloomberg

While going into India with Tata is a very smart move, AirAsia will not change the economics of Indian aviation market overnight. This will require more patience and political dexterity than existing players have shown.

AirAsia to invest up to $60 million in new Indian airline with Tata

Siddharth Philip, Bhuma Shrivastava, Bloomberg

This could end up changing everything about the beleaguered Indian aviation market, and what a comeback story it would be for Tata, the first company to launch an airline in India in 1932.

AirAsia readies to launch an Indian airline in partnership with Tata

Siddharth Philip and Barry Porter, Bloomberg

AirAsia will be the first foreign carrier to launch a new airline in India and could spur similar ventures as the country’s airline industry starts seeing the impact of eased investment rules enacted this fall.

NYC’s 21 Club & parent Orient Express gets $1.86 billion buyout offer from India’s Tata Group

If the takeover is successful, Taj's iconic branding and luxury reputation will surely only help Orient's properties.