Air Asia India is one of the most popular airlines which is headquartered in Chennai. This is a joint venture with Air Asia Berhad holding 49% and TATA Sons holding 40.06% and Telstra Trade place holding the remaining 10%. This is an Indo-Malaysian airline which is a low cost carrier. Launched in June 2014, Air Asia is all set to take up international flights too. AirAsia is the first foreign airline to set up a subsidiary in India and the company marked TATA's return to the aviation industry after 60 years, having seeded Air India in 1946.
AirAsia planned to begin operations to various tier 2 and tier 3 cities with Chennai International Airport as its main operating base., the airline announced the shifting of its base to Bangalore and its first flight from there to Goa on May 30, 2014. AirAsia operated its maiden flight on 12 June 2014. Indira Gandhi International Airport, Delhi became the secondary hub for their North Indian operations on June 2015.
They have a fleet of 10 Airbus 320-200 that flies across 13 destinations at present. In terms of customers it has a market share of 2.2%, but it is a fast growing Airlines.