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AirAsia.com Tata Group Joint Venture Airlines | Tata Cheapest Airlines in India

Subject : Tata Group - AirAsia Joint Venture, Etihad Airways - Jet Airlines.

The Malaysia's Air Asia Airlines is tie up with the India's Tata's, and start a New Airlines in India, which was started with the FDI ( Foreign Investment Promotion Board (FIPB) to take 49 per cent in a venture with Tata Sons Ltd and Arun Bhatia's Telestra Tradeplace Pvt Ltd.) .

The AirAsia which was called as the cheap airways with the best facility to travel with the accomidations, Hotels facility from the airlines itself. The operators of this airlines have to approach the Director General of Civil Aviation (DGCA) for a permit to start operations in the country of Joint Venture.

History :
In 1932 The Tata Group has started the Airlines in India, but the tata airlines was taken in the hands of Air India. From the JRD Tata they have an intenstion to join in the airlines, but now due to the FDI changes of having 49%. Ready to start the joint venture to takeoff the Tata group airlines to start their operations to the cheapest airline services in Airndia.

Due to latest FDI of 49% share in airlines The UAE Airlines Etihad Airways is making a deal with the Jet airlines in India now it was in the last stage.

Tata Sons will hold 30 per cent in the joint venture but will not have any operating role in the airline. AirAsia will hold 49 per cent stake in the JV and Hindustan Aviation of the Bhatias will hold 21 per cent. Presently AirAsia, has it's services based in Thailand and Malaysia, take off to to Chennai, Bangalore, Kochi, Tiruchirappalli and Kolkata in addition to 20 countries across Asia.

But Finally no response from the Tata Groups, from this statement, Presently tata group has 6% share in the spice Jet.

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