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 Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..