Tatas in talks to buy AirAsia’s 49% in JV

Tata Sons is reviewing its budget airline joint venture with Malaysia’s AirAsia as the latter faces financial challenges exacerbated by the pandemic. The evaluation follows the Malaysian company’s reluctance to inject fresh equity into AirAsia India.

Tatas in talks to buy AirAsia’s 49% in JV
Tata Sons is reviewing its budget airline joint venture with Malaysia’s AirAsia as the latter faces financial challenges exacerbated by the pandemic. The evaluation follows the Malaysian company’s reluctance to inject fresh equity into AirAsia India.