Telestra to sell out of AirAsia India

Credit: Airbus
Founding investor in AirAsia India, Telestra Tradeplace, plans to sell out of its shareholding in the two-year-old low-cost carrier (LCC). The company will sell its 10% shareholding partially to co-founder Tata Sons, which will take 7.94%, with AirAsia India directors taking the remainder. This will...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.