Talks are in preliminary stage to end association with AirAsia. Besides, Tata Sons is keen to acquire a majority stake in India’s second-biggest airline Jet Airways Tata Sons is weighing options to terminate its partnership with AirAsia Bhd in an attempt to fully focus on one airline business, Vistara, the joint venture with Singapore Airlines (SIA), reported the Economic Times citing several unidentified people aware of the development. The financial daily mentioned that talks are in a preliminary stage to end association with AirAsia. Besides, the Mumbai-based conglomerate is keen to acquire a majority stake in India’s second-biggest airline Jet Airways. The publication quoted one of the people as saying that the Tatas proposing to “exit AirAsia India and run the only full-service private airline in India, which is Vistara-plus-Jet". Tata Sons holds 51 per cent of AirAsia India while 49 per cent held by Malaysia-based AirAsia Bhd. It may be n...
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