AirAsia India Remaining 49% Might be Bought Entirely by Tata Sons
AirAsia India initiated its operations in the country back in 2014. After years of providing services, the airline remains unprofitable. AirAsia India is a joint venture between Tata Sons and AirAsia Malaysia. Tata Sons is the majority stakeholder in the airline owning 51% of the company and AirAsia group owns the rest 49%. Due to it being non-profitable for very long, AirAsia Malaysia has become reluctant to inject any more... Read More