Mumbai, Feb 26 (PTI) Despite an over threefold growth in revenue, low-cost carrier AirAsia India today reported narrowing down of its operating loss to Rs 25.65 crore in the December quarter.The airline had reported a loss of Rs 65 crore in the July-September period of 2015.The statement from the airline did not shared the year on year figures. AirAsia India began operations in June 2014.The loss comes even as every other airline that has declared their numbers has reported record profits on rising traffic coupled with record low fuel costs.The airline, which is promoted by Tata Sons, AirAsia and Arun Bhatia said revenue rose 232 per cent to Rs 208 crore and it registered strong capacity growth of 133 per cent.The revenue increase was due to increased seats factor as well as fare increases, which on an average rose by 12 per cent to Rs 3,626 coupled with a 133 per cent jump in the ancillary revenue per passenger, which grew to Rs 492.In the September quarter, the airline had reported an increase in operational losses at Rs 65 crore, even as its revenues rose during the same period.AirAsia Group Chief Executive Tony Fernandes said, “Our operations in India are geared to grow further after a year in service as we believe our low fares and excellent product appeal to travellers who remain underserved by air travel.”Load factor improved to 84 per cent amid heightened competition by other players, while total passengers carried increased 134 per cent to 0.51 million,” he said.On outlook, Fernandes said fuel trended lower in the quarter, which undoubtedly remains favourable for all airlines. The group as a whole saw a great end to 2015 with record profitability and looks to 2016 with a positive light.advertisementHe expressed hope that AirAsia India will witness a new phase of growth and will work towards keeping its cost under check, with increased focus on ancillary revenue.Last week, Fernandes had said here that AirAsia India, which has six aircraft in its fleet now, would add two more planes shortly. While launching the carrier, he had said that the airline would add one plane every month. It put on hold the fleet expansion plans citing “lack of clarity” on the policy front. PTI BEN SDL ABK RDS
2020 Kia Telluride review: Kia’s new SUV has big style and bigger value More From Roadshow Post a comment 50 Photos 2020 Cadillac CT5 brings a new look for the brand’s sedans to New York 0 2020 BMW M340i review: A dash of M makes everything better More about 2019 Cadillac Escalade Platinum Auto Tech Future Cars Enlarge ImageIt’s more complicated than simply adding a few wires and hard drives here and there. General Motors Having a bunch of tech is no good if it doesn’t receive the juice it needs to operate alongside the myriad other systems, all of which have their own demands. That’s why GM has a new electronic architecture in the works.General Motors on Monday unveiled its latest electronic platform. “Platform” in this case doesn’t refer to the metal structure hiding beneath the car’s body panels. Rather, it covers the electronic underpinnings of the car, focused entirely on the wiring and components that provide the car with modern connectivity. It’ll give GM’s future cars the bandwidth they’ll need to pack all the latest in-car tech.The platform is capable of handling up to 4.5 terabytes of data processing per hour, which GM says is five times more than its current electronic architecture can handle. That should provide a boost to GM’s Super Cruise system, which needs to crunch a whole bunch of data to do its job. At the same time, various components inside the car should be able to talk with each other — and with systems outside the vehicle — even faster, because the new platform supports Ethernet connections up to 10 Gbps.So what will all this extra bandwidth permit? Well, GM didn’t speak too much to specifics, but it did promise more capacity for over-the-air updates, eliminating frustrating trips to the dealer and allowing for more content to show up after the fact. It should also give a boost to Super Cruise, which GM said will evolve, but it didn’t say how exactly. The automaker also made mention of improved cybersecurity, but it only said that there will be “additional protective features at the hardware and software levels.”It won’t be long before we get to experience this upgrade. GM’s new electronic platform will enter production later this year, and it’ll make its first appearance on the upcoming Cadillac CT5 sedan. GM hopes that it will be introduced on “most vehicles within GM’s global lineup” by 2023. Cadillac Tags 2020 Hyundai Palisade review: Posh enough to make Genesis jealous Share your voice Review • 2019 Cadillac Escalade review: Large, luxurious and long in the tooth General Motors
Mahika SharmaTwitterActress Mahika Sharma, known for tv shows like Ramayana and FIR,opened up about receiving vulgar messages on Holi for working with adult film star Danny D.Mahika said that sheis paying the price of working with adult star Danny D in the upcoming Bollywood movie “The Modern Culture”.Mahika spoke about an incident she faced on Holi this year. While talking she shared, “Social media is platform I feel which needs more safety. One should be asked for government identity before creating an account. So we can be more secured. I usually get messages from strangers asking me my rates for night. Not only me, I find such stupid comments on many actresses or models too. But this time I faced a real bad experience. Someone messaged me “Danny D ki pichkari se khelogi.. Indian k b try karo..”Mahika has also urged people to be sure about women safety during Holi. She said, “Boys will touch but don’t allow it in that way! You will have people touching you. It’s a given. Although I cannot deny that it can and has been unsafe for women with boys thinking it’s a free for all in the name of Holi, you have to remember that you are in power here. If you don’t want to be touched or it crosses your boundaries – tell them to back off!”Mahika Sharma had also earned the tittle of Miss Teen Northeast, India.