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......

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 to focus on smaller cities

The country’s newest low-cost carrier, AirAsia,  will focus on Tier-2 and Tier-3 cities for business and not depend on metro cities. The airline would continue to charge Rs 990 a ticket......

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......