AirAsia chief Tony Fernandes on Wednesday said the airline's low-cost venture in India is expected to start operations by April.
"Our confidence grows by the day. We are very excited. I think it is a great time to go into India," said Mr Fernandes, who was here to attend the World Economic Forum (WEF) annual meet.
Speaking to a private news channel, Mr Fernandes said he was very bullish on India and that the Malaysian carrier expects to start operations in the country by March-April.
"... we feel relatively optimistic that we can do something special in India," he stated.
Mittu Chandilya is the CEO of AirAsia's Indian venture, where other stakeholders include Tata Group and Telstra Tradeplace.
On September 20 last year, AirAsia India got a no-objection certificate (NOC) from the Civil Aviation Ministry to start airline operations in India after which it applied to the aviation regulator for a permit.
It plans to operate a fleet of Airbus A320-200 aircraft, initially with 4-5 planes and quickly expand it to 10 in a
year.
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