Strategy

AirAsia exits India business with sale of shares to Tata Group’s Air India

By 2022-11-02T15:57:00

AirAsia_India_VT-RED_at_Bengaluru,_Aug_2015

Source: Wikimedia Commons

AirAsia Aviation Group has sold its remaining shareholding of its Indian unit to Tata Sons-owned Air India, a move that likely paves the way for an eventual merger with Air India’s low-cost unit, Air India Express.  

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