Two more airlines under India’s Tata brand shared their results for the last financial year – AirAsia India and Vistara. Like their bigger sibling Air India, both airlines also reported increased losses mainly due to successive COVID waves, increasing fuel prices, and depreciation of the Indian rupee against the US dollar.
AirAsia India
Launched in 2014 as a joint venture between the Tata Group and AirAsia Investment Limited, AirAsia India initially had 51% ownership from the Tatas,…
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