AirAsia Group is planning to add 10 Airbus aircraft each year to its recently approved Indian joint venture, which is expected to start operations by the end of the year. The joint venture, which includes Tata Group and Telestra Tradeplace as partners, already has permission from India’s Foreign Investment Promotion Board to invest 800 million rupees ($13.4 million) in the new airline, and is currently awaiting regulatory approval from the Ministry of Civil Aviation to begin operations. ...
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