NEW DELHI: The Tata Group is increasing its participation in AirAsia India (AAIPL) from 51% to 83.67%. Tony Fernandes’ AirAsia The group will see its participation in this JV reduced from 49% to 16.33%, accordingly. AirAsia Berhad informed the Malaysian stock exchange on Tuesday about the sale of its 32.67% …
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Since the skies are far from clear, the new owner will also be able to lay off employees, as his requirement will drop with the reduction in fleet size, officials familiar with the matter said. Topics Air India | Sale of Air India | Privatization of Air India The central …
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Image for representation. (Reuters) The AirAsia India spokesman said the airline had signed an agreement to install five A320 neo jets last year. The Bengaluru-based airline received the first A320 neo in October and another earlier this month. PTI Mumbai Last update: November 29, 2020 6:25 PM IST FOLLOW US: …
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Tata Sons Ltd is considering various options about the future of its airline AirAsia India in the context that its Malaysian partner plans to exit, two people familiar with the matter said. This comes at a time when the Tatas are faced with the daunting task of raising funds to …
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[ad_1] With the flight operations set to resume in a “calibrated” manner from 25 May as announced by Civil Aviation Ministry, Hardeep Singh Puri, low-cost carrier AirAsia India has started taking domestic flight bookings for 21 destinations from today. In a tweet, the carrier said, “AirAsia India is resuming domestic …
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