VENTURE CAPITAL POST

AirAsia India’s head Mittu Chandilya is confirmed to soon leave the airline. The decision emerged after he previously expressed disfavour on the micro-management practiced by the airline’s parent company in Malaysia. His successor is yet to be decided, but it’s likely to be an executive from the parent airline.

Aviation leaders will try to secure a mandate to implement new safety standards when they meet next week after a string of high-profile accidents around the world made 2014 the deadliest year for commercial airlines in almost a decade.

Budget airline AirAsia Bhd resumed online promotions and advertising this week, a month after a plane operated by its Indonesia affiliate crashed into the Java Sea, killing all 162 people on board.

Countries around Asia on Tuesday stepped up the search for an AirAsia plane carrying 162 people that is presumed to have crashed in shallow waters off the Indonesian coast, with Washington also sending a warship to help find the missing jet.

European shares and periphery euro zone bonds tumbled on Monday after the Greek parliament rejected the government's presidential candidate, setting the stage for an election that anti-bailout party Syriza could win.

Shares in AirAsia fell 7.8 percent on Monday, their biggest one-day drop in more than three years after one of its aircraft went missing on its way to Singapore from the Indonesian city of Surabaya.

A missing AirAsia jet carrying 162 people could be at the bottom of the sea after it was presumed to have crashed off the Indonesian coast, an official said on Monday, as countries around Asia sent ships and planes to help in the search effort.

Canada-based digital media firm Aimia Inc is purchasing a minority stake in Malaysia-based firm Think Big Digital Sdn Bhd, the owner and operator of AirAsia-Tune Group's loyalty program.

According to AirAsia CEO Tony Fernandes, the MoU signed by Tata and Singapore Airlines is a 'non-issue'.

AirAsia, on Wednesday, completed its IPO netting more than US$300 million.

ANA Holdings will purchase AirAsia’s way out of their budget airline cooperative enterprise in Japan, leading to a disbanded bond.

AirAsia X gained $308 million in its IPO.

AirAsia Bhd.'s and ANA Holdings Inc.'s tieup may soon dissolve.

Bids, mergers, acquisitions and disposals.