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AirAsia India to have 20 aircraft by 2018

Low-cost carrier AirAsia India plans to have a fleet size of 20 by end of 2018. The company is on an expansion mode and its second round of funding is expected to be completed by the end of this month, according to Amar Abrol, CEO, AirAsia India.

By: | Hyderabad | Published: September 15, 2016 6:42 AM
AirAsia India, a joint venture between Tata Sons Limited and AirAsia Bhd, raised  million in the first round of funding. (Reuters) AirAsia India, a joint venture between Tata Sons Limited and AirAsia Bhd, raised million in the first round of funding. (Reuters)

Low-cost carrier AirAsia India plans to have a fleet size of 20 by end of 2018. The company is on an expansion mode and its second round of funding is expected to be completed by the end of this month, according to Amar Abrol, CEO, AirAsia India.

AirAsia India, a joint venture between Tata Sons Limited and AirAsia Bhd, raised $30 million in the first round of funding.

The addition of 20 aircraft will allow the airliner to operate international routes as well.

The funds would be used to add fleet strength, recruit pilots and business development team and expand cabin crew.

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