{"id":388839,"date":"2020-12-10T08:31:55","date_gmt":"2020-12-10T03:01:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388839"},"modified":"2020-12-10T08:58:27","modified_gmt":"2020-12-10T03:28:27","slug":"will-take-decision-on-staying-invested-in-india-soon-airasia-ceo-fernandes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/will-take-decision-on-staying-invested-in-india-soon-airasia-ceo-fernandes\/","title":{"rendered":"Will take decision on staying invested in India soon: AirAsia CEO Fernandes"},"content":{"rendered":"<p>AirAsia will soon take a decision on whether the airline wants to stay invested in India or expand in Southeast Asia, the Group&#8217;s Chief Executive Officer Tony Fernandes said on Wednesday. <\/p>\n<p>AirAsia Berhad and Tata Sons run a joint venture airline in India. While the Indian venture has not made a profit since its inception in 2014, the Covid-19 crisis has forced the Malaysia-based AirAsia group to review its investment in the country. <\/p>\n<p>Fernandes described the Tatas as a fantastic partner. \u201cWhether we should put money to continue in India or to expand in ASEAN, that&#8217;s a discussion I am having with my partners in India,\u201d he said at CAPA, a Centre for Aviation-organised industry event.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AirAsia will soon take a decision on whether the airline wants to stay invested in India or expand in Southeast Asia, the Group&#8217;s Chief Executive Officer Tony Fernandes said on Wednesday. AirAsia Berhad and Tata Sons run a joint venture airline in India. While the Indian venture has not made a profit since its inception in 2014, the Covid-19 crisis has forced the Malaysia-based AirAsia group to review its investment in the country. Fernandes described the Tatas as a fantastic partner. \u201cWhether we should put money to continue in India or to expand in ASEAN, that&#8217;s a discussion I am [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-388839","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=388839"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388839\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}