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Tata Group To Raise Its Stake in AirAsia India


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LONDON – Tata Group is planning to raise its stake in AirAsia India (I5) to more than 76% by 2021. I5 is a joint venture between Tata Group and Malaysia’s AirAsia (AK). According to Deccan Herald, AK’s Malaysian parent, which owns a 49% stake in I5, had hinted earlier this month that it may exit India. […]

The post Tata Group To Raise Its Stake in AirAsia India appeared first on Airways Magazine.

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