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Hunt on for missing AirAsia jet likely to be 'at bottom of sea'

The AirAsia aircraft that went missing after taking off from Indonesia with 162 people on board may be at the bottom of the sea, a top Indonesian official said on Monday, as the multinational......

Tatas to buy residual stake in AirAsia India

Tata Sons is all set to acquire a residual stake of 16.33 per cent in AirAsia India from its joint venture (JV) partner AirAsia Berhad for $19 million (or Rs 142 crore) by early next year. The......

Tata Sons now has majority stake in AirAsia

Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according......

Air India bid: US fund ready with war chest of 'billions'

For the AI bid, Interups has joined hands with a few employees of the airline, and plans to raise funds by splitting some of its infrastructure-related assets into an aviation InvIT, which will......

AirAsia India to double fleet; start int'l services by Oct

AirAsia India, which started operations on June 12 2014, had a market share of 6.2 per cent of the domestic traffic in April. Budget carrier AirAsia India is looking to double its fleet in the......

AirAsia, Emirates ban use of Samsung Galaxy Note 7 on their flights

Malaysian no-frills carrier AirAsia Berhad -- which runs a joint venture airline with Tata Sons in India -- and civil aviation authorities in the Emirates on Saturday prohibited the use of......

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