AirAsia starts process to exit India operations
KUALA LUMPUR, 29 Dec 2020: AirAsia Group Bhd‘s wholly-owned subsidiary, AirAsia Investment Ltd (AAIL), is disposing of its 32.67% equity interest in AirAsia India Ltd (AAI) to Tata Sons Private …
Minister hints AirAsia India may have to close down
NEW DELHI, 6 Oct 2020: The Indian aviation minister’s remark over the weekend that AirAsia India’s “shop is shutting down” highlights the six-year-old budget airline’s problems in the country. There …
Tata exerting more control over AirAsia India?
NEW DELHI, 10 Oct 2018: AirAsia India is close to appointing an executive from Tata Steel Ltd to head the troubled low-cost carrier as its local partner Tata Sons moves …
Probe launched into AirAsia India
NEW DELHI, 30 May 2018: The Central Bureau of Investigation (CBI) yesterday said it has filed a case against AirAsia Group Bhd, the airline’s CEO Tan Sri Tony Fernandes and …