AirAsia India mulls A320 aircraft option for UDAN

Login   |  Register Now

Follow us with

AirAsia India mulls A320 aircraft option for UDAN

Posted on : Monday 28th of November 2016

Total 1 News Image

Keen to expand its domestic presence, AirAsia India is evaluating the proposition of operating regional flights with A320 planes under the government’s UDAN scheme. The ambitious UDAN (Ude Desh Ka Aam Naagrik) scheme aims to connect unserved and under-served airports in the country while participating airlines would get various incentives, including viability gap funding and other financial concessions

AirAsia India, which currently has eight A320 planes, expects to have a fleet of 10 aircraft by end of this fiscal. According to a senior airline official, options of participating in UDAN are being evaluated and a decision would be taken depending on the commercial viability of the regional routes.

“We are evaluating which routes can be served by A320. If it is viable, we will certainly look into it,” the official told PTI. Manufactured by Airbus, A320s are single-aisle planes that can have up to 180 seats depending on the configuration opted for by the carriers.

Fares would be capped at Rs 2,500 for one-hour flights under UDAN and the first flight under the scheme is expected to take off in January 2017. Along with increasing its fleet size to 10 planes, AirAsia India also expects to have a headcount of around 1,000 by the end of March next year.

In the three months ended September 2016, the budget carrier saw its loss marginally narrow to Rs 62.18 crore from Rs 63.14 crore in the year-ago period. However, revenues increased 31 per cent to Rs 175.11 crore in the latest September quarter. The same stood at Rs 132.95 crore in the same period a year ago.

AirAsia India, now a joint venture between Tatas and Malaysia’s AirAsia Berhad, began operations in June 2014. Tata Sons owns 49 per cent stake while two of the airline’s directors — S Ramadorai and R Venkataramanan –have 2 per cent shareholding, and the remaining is with AirAsia Berhad.

Meanwhile, Malaysia’s AirAsia Berhad has invested additional funds to the tune of Rs 115 crore in AirAsia India.

Disclaimer: The contents or any information provided here is strictly personal and does not hold any responsibility or liability on them. We shall endeavor to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libelous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.


Copyright © 2012-2019, All rights Reserved   |  |  This Logo is a trademark of Way4Indians. For Enquires, please contact :