What can Tata possibly see in this struggling sector?
For the second time this year, Tata Sons has announced plans to launch a new Indian airline. The illustrious group has joined forced with Singapore Airlines and put in an application with the Foreign Investment Promotion Board, India’s FDI regulatory body. Continue reading »
Air Asia has moved its headquarters to Jakarta. Chief executive Tony Fernandes talks to the FT’s Ben Bland about running a low cost airline in southeast Asia and about owning sports teams – the English Premier League football team Queen’s Park Rangers and the Caterham Formula 1 racing team.
Myanmar has undergone significant reforms in the last year, putting it firmly on the tourism and business agenda. But aside from economic and political changes, merely providing the means for foreigners to visit is a significant challenge, even as Myanmar begins to receive considerable international investment.
This has not escaped the attention of major airlines, who are scrambling to meet demand. Continue reading »