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Over 15k staff, 218 planes! Tatas to soar high on Indian skies with Air India-Vistara merger

India’s largest conglomerate Tata Sons at present owns four airlines, Air India and its subsidiary Air India Express, along with a majority share in Vistara and AirAsia India. ....

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Tata Sons auditors raise red flag over AirAsia continuing as a going concern

Tata Sons auditors raise red flag over AirAsia continuing as a going concern
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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MALAYSIA | TTR Weekly

March 11, 2021
PUTRAJAYA, 11 March 2021: Malaysia registered 4,332,722
international visits in 2020, down 83.4% on 26,100,784 recorded in 2019, a loss
suffered by all countries worldwide according to the World Tourism Organisation
(UNWTO) statistics.
Regionally the decline in. ....

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एअर एशियाची 32.67 टक्क्यांची हिस्सेदारी टाटा सन्सकडून खरेदी

एअर एशियाची 32.67 टक्क्यांची हिस्सेदारी टाटा सन्सकडून खरेदी
tarunbharat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tarunbharat.com Daily Mail and Mail on Sunday newspapers.

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AirAsia Group Reduces Stakes in AirAsia India

AirAsia Group Reduces Stakes in AirAsia India
29 December 2020
AirAsia Group Berhad announced the disposal of 32.67% of its equity shares in AirAsia (India) Limited (AAI) held by the Group’s wholly-owned subsidiary, AirAsia Investment Limited (AAIL).
This brings its shareholding in AAI to 16.33%.
President (Airlines) of AirAsia Group, Bo Lingam said, “This transaction is in line with our initiatives towards reducing cash utilisation for the Group and will allow us to use cash to grow market share in our core markets in Asean, particularly in Malaysia, Thailand, Indonesia and the Philippines as well as for our future expansion into Cambodia, Myanmar and Vietnam. ....

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