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AirAsia in final talks with Tata Group to exit India: sources

Malaysian budget carrier winding down presence amid market challenges, COVID

An AirAsia flight takes off from Indira Gandhi International Airport in New Delhi. The Malaysian carrier has faced fierce competition in India.   © AP
P PREM KUMAR, Nikkei staff writer | Malaysia

KUALA LUMPUR -- Frill-free carrier AirAsia is in the last lap of negotiations to sell its remaining stake in AirAsia India to its joint venture partner Tata Group, two sources close to the matter told Nikkei Asia.

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