India's Tata Group is planning to increase its shareholding in AirAsia India (I5, Chennai) Bloomberg News India has reported. The firm, which currently holds a 30% stake in AirAsia India, is in talks with 21% shareholder Telestra Tradeplace the newswire said quoting AirAsia founder and Group CEO Tony Fernandes.
The Indian carrier's remaining 49% stake is controlled by Malaysia's AirAsia Group Bhd.
23/06/15 ch-aviation
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The Indian carrier's remaining 49% stake is controlled by Malaysia's AirAsia Group Bhd.
23/06/15 ch-aviation
