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Air Asia India was fraying before coronavirus, now it's at breaking point

Conflicting news reports say Tatas want to sell their stake and exit, and that the Malaysian partner Air Asia Berhard wants to bow out.

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Tony Fernandes and Ratan Tata are faced with the sad prospect of watching their joint dream unravel

5 min read Last Updated : Jul 22 2020 | 5:54 AM IST

As Covid-19 tightens its grip on the world’s aviation industry, fault lines are beginning to appear. In India, many players are in the throes of chaos and pain but at least one partnership — Air Asia India — that was fraying even before the pandemic now finds itself at breaking point.

In the last few weeks, conflicting news reports have appeared across media on how the Tatas want to sell their stake and exit, followed closely by reports that the Malaysian partner Air Asia Berhard wants to bow out.

The truth of the matter is that Air Asia India today

Topics : Coronavirus Lockdown Air Asia India SpiceJet Thai Airways Jet Airways

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