KUALA LUMPUR, Nov 3 — Capital A Bhd shares fell in early trade today following its announcement of the disposal of its remaining 16.33 per cent stake in AirAsia India (AAI) for gross proceeds of RM89.23 million.
KUALA LUMPUR, Nov 2 — AirAsia Aviation Group Ltd (AAAGL), the holding company of Capital A Bhd’s airline group, has entered into a share purchase agreement with Air India Ltd to sell the remaining 16.33 per cent stake held in AirAsia (India) Private Ltd (AAI) to Air India.
NEW DELHI, April 28 — Air India plans to acquire budget carrier AirAsia India as their owner Tata Group wants to consolidate its airline business, Indian media reported on Wednesday.
NEW DELHI, Oct 6 — The Indian aviation minister's remark over the weekend that AirAsia India's "shop is shutting down" highlights the six-year-old budget airline's problems in the country.
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