http://newindianexpress.com/business/news/AirAsia-shifts-operations-to-new-International-terminal-in-Chennai/2013/10/22/article1848051.ece
By
ENS Economic Bureau - BANGALORE
Published: 22nd October 2013 07:27 AM
Last Updated: 22nd October 2013 07:27 AM
Malaysian-based International carrier, AirAsia has shifted its operations to the New International Terminal, Chennai (NITC) Airport from its earlier location in Anna International Terminal from Monday.
The carrier is slated to start operations in India by December 2013. The company entered into a partnership with Indian business house, Tata and Telstra Tradeplace in a 49:30:21 share respectively.
The company said that all flight departures from Chennai will be based and operated at the NITC but arrivals will continue to be at the old terminal.
The new proposed carrier received a No Objection Certificate from the Ministry of Civil Aviation in September this year. Earlier, the company said that they will begin the process of obtaining an Air Operating Permit and prepare to kick-start its operations. However, operations in their new location could become slightly more expensive as they move to the `2,000 crore new terminal, which has the capacity to handle over 4 million passengers annually.
According to AirAsia chief, Tony Fernandes, the company will initially invest $50 million and have three aircraft and over 200 people for their operations here.
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