AirAsia Group Expands India Operations Post-Tata Partnership Exit

17 Dec 2024 CW Team

Despite parting ways with Tata Group, AirAsia Group is pressing ahead with its India market expansion, focusing on rising air travel demand between India and Southeast Asia. Thai AirAsia X, the long-haul, low-cost airline based at Bangkok’s Don Mueang International Airport, launched its maiden operations to India on Sunday with direct flights between Delhi and Bangkok. The airline is starting with twice-weekly flights on Wednesdays and Sundays, planning to increase the frequency to four flights per week starting January 15, 2025. Speaking at a press conference in Delhi, Tassapon Bijleveld, CEO of Thai AirAsia X, expressed enthusiasm over the launch. "Yesterday was amazing. We got our permit two weeks ago, started flying, and had a 90% load factor," he noted, sharing that 319 passengers boarded the maiden flight from Delhi to Bangkok, with a surprising 329 passengers on the return journey. The airline aims to cater not only to travellers bound for Bangkok but also to those connecting onward to destinations like Vietnam, China, and Australia. It operates Airbus A330-300 widebody aircraft with a seating capacity of 367. This expansion follows AirAsia Bhd's exit from its joint venture with Tata Sons in 2022. The JV previously operated AirAsia India, which has since merged into the Air India Group. Thai AirAsia X’s India entry is supported by a new bilateral air services agreement between India and Thailand, which increases weekly seat allocations by 43% to 46,000. Under the agreement, the additional 14,000 weekly seats will be introduced in two phases, with the second phase kicking in once airlines from both countries utilise 80% of their current capacity. Thai AirAsia X’s entry underscores the growing demand for direct connectivity between India and Southeast Asia. (ET)

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..