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Indian low-cost airline Air Asia India is now fully owned by Tata Sons. A merger of the carrier with Air India Express is currently being prepared. This will appear under the Tata brand in the future.
The Indian government is also planning to sell the regional airline Alliance Air. The operator of a total of 18 ATR72-600s operates primarily domestically and operates many subsidized routes. It took many years, but now it is
The Tata group intends to merge Air India, AirAsia India and Vistara under one roof. In the case of the last named airline, the consent of the minority shareholder Singapore Airlines is required. In the previous year, Tata stalled its stake in AirAsia India
The Indian Air Asia subsidiary seems to be spared the fate of its Japanese sister, because major shareholder Tata agreed to transfer additional funds to Air Asia India. This is to avoid the liquidation of this airline. Also
The final end of the low-cost airline Air Asia Japan is within reach, as the carrier filed for bankruptcy in a Japanese court on Tuesday. Parent Air Asia Group stated in a stock exchange release that the investment
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