Malaysia's AirAsia Group reviewing India investment, hints at possible exit

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

KUALA LUMPUR: Malaysia's flagship budget carrier AirAsia Group has given its strongest indication to date that it could exit India, saying on ...

KUALA LUMPUR: Malaysia's flagship budget carrier AirAsia Group has given its strongest indication to date that it could exit India, saying on Tuesday it was reviewing its investment in a joint venture airline there.

The Times of India reported last month, citing sources, that Tata Sons' parent is in discussions to buy AirAsia Group's stake.Group Chief Executive Officer Tony Fernandes told Reuters in September that the group intends to consolidate and strengthen its Asean foothold, which could mean one day exiting both Japan and India.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🤦🏿‍♂️🤦🏻‍♀️🤦🏽‍♂️🤦🏼‍♂️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines