Tag Archives: Aviation Sector

NEW DELHI Malaysian airline AirAsia Berhad, which owns a 49% stake in AirAsia India, indicated on Tuesday that it could exit its joint venture with Tata Sons due to financial difficulties caused by the COVID-19 pandemic. “Our businesses in Japan and India have been running out of cash, causing the …

Changi Airport Group said the impact of the Covid-19 pandemic is not diminishing, as officials behind the world’s best airport warned of an “overwhelming” period ahead. Changi’s passenger traffic for the fiscal year ending in March declined for the first time in more than a decade as a drop in …