AirAsia sells remaining stake in AirAsia India to Air India
AirAsia has sold its remaining stake in AirAsia India to state-owned Indian carrier Air India Ltd. The Singapore-based airline initially invested $16 million in the Vistara-owned joint venture in 2005, which now operates as India’s second airline. The sale has been completed through a mix of cash and warrants. AirAsia Sells Remaining Stake The AirAsia