Tony Fernandes’s AirAsia Cuts Stake In India Joint Venture With $38 Million Sale To Tata Sons

Share to Facebook Share to Twitter Share to Linkedin Tony Fernandes, CEO of Malaysia-based AirAsia Group. YOSHIKAZU TSUNO/AFP via Getty Images Malaysian tycoon Tony Fernandes’s budget carrier AirAsia Group is selling a 32.7% stake in its India venture to its partner Tata Sons. Tata, which already controls a 51% stake in AirAsia India, will purchase […]