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Tata Sons, Telestra in discussions to hike stake in AirAsia

Tata Sons, which partly budgets carrier AirAsia India is looking at hiking its stake in the airline and is in discussions with Telestra Tradeplace in this regard.

'Considering tourism market, aviation industry in India small'

AirAsia India is a 49:30:21- joint venture among Malaysian carrier AirAsia, Tata Sons and Arun Bhatia's Telestra Tradeplace.

AirAsia India gets closer to getting flying permit

In a step forward for issuance of flying permit to AirAsia India, aviation regulator DGCA on Friday disposed of the objections against the start-up carrier filed by the Federation of Indian Airlines (FIA) and some others.

We want Ratan Tata to head JV, says AirAsia chief: Report

AirAsia has sought government's nod to launch a new Indian airline in a joint venture (JV) with Tata Group and Telestra Tradeplace.