UDAN international plan under cloud as AirAsia India fails to get permit

Tata group-owned AirAsia India’s inability to get approval for international flights is hurting UDAN, the Indian government’s regional air connectivity project that also aims to link......

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 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......