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No comfort at home for AirAsia as overseas units drag

AirAsia, which has dominated budget air travel in Asia with explosive growth, is now struggling to boost earnings in its biggest market, Malaysia, where rivals such as national carrier Malaysian Airline System (MAS) and Malindo Airways are slashing fares.

Privatisation: AirAsia India wants to use old Chennai terminal

"AirAsia India has written to the Aviation Ministry, seeking its permission to use the old Chennai terminal for its proposed operations. The move comes after the government decided to privatise six airports, including Chennai," a source close to the development said.

HC seeks Centre's reply on Swamy's plea against nod to AirAsia

The court, however, declined to stay the permission given by the government for the deal and said it was only issuing notices as of now.

AirAsia's boost to India operations stern test for local rivals

According to the Wall Street Journal, India is one of the most important growth markets for AirAsia, and the airlines will offer the ''lowest possible fares'' to take on the competition.

AirAsia incorporates Indian venture; files all papers with MCA

The private sector company was incorporated on March 28, 2013 with an initial authorised capital of Rs 5 lakh.