Tata Group’s AirAsia India (AAIPL) has lastly bought the nod to function its first worldwide flight this month, almost eight years after it began operations.
The low price service, wherein Tatas personal 83. 6% and will shortly purchase the remaining 16. 4% from Malaysian AirAsia Berhad, will function a non-scheduled cargo flight on Kochi-Dubai-Kochi route.
The airline’s first flight was in June 2014 and it achieved a fleet dimension of 20 plane in December 2018. It then met the 0/20 rule — no minimal requirement on variety of years in operation and at the least 20 plane in fleet — to fly overseas. However quite a lot of instances over the airline’s efficient management prevented the federal government from giving that clearance.
