Air Asia announced it is selling most of its stake in its Indian subsidiary, Air Asia India. The decision comes due to the airline’s need to focus on recovering in its key markets across Southeast Asia, as reported by Reuters. The budget airline group is selling its stake to Tata Sons, which is already the majority shareholder in the Indian carrier. Tata Sons is the holding company of Tata Group, which in itself encompasses more than 100 companies including Tata…
These days, many people in and around the industry see Air India as a poorly run airline that most avoid flying if they can help it. They’re known for poor on-time performance, rundown planes, indifferent staff and more. A quick search online results in dozens of bad reviews for every…
