AirAsia May Retain 13% Stake In Indian Franchise

AirAsia India Airbus A320
Credit: Airbus
The AirAsia Group reportedly is keeping just a small part of its Indian joint venture, ceding more control of the carrier to Indian conglomerate Tata Group. AirAsia holds 49% of AirAsia India, with Tata owning the remaining share. The Times of India reports the AirAsia stake will be reduced to 13%...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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