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.
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