Monday, June 22, 2020

AirAsia India’s co-owner may just be running out of patience, cash

AirAsia India might have to look for a different suitor with reports about its co-parent AirAsia Berhad showing signs of running out of patience with its chairman claiming that there is a possibility of exiting the joint venture.
After letting go of several senior and middle-level executives including pilots recently, AirAsia, according to various sources, had indicated that to reduce losses, it was looking at exiting some of its regional subsidiaries including AirAsia India.
Read K Giriprakash's analysis in full >>
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