AirAsia to sell 32.67% stake in its Indian operations to Tata Sons

AirAsia to sell 32.67% stake in its Indian operations to Tata Sons

REUTERS/Beawiharta

Malaysian budget airline AirAsia Group Bhd said on Tuesday it plans to sell 32.67% of its stake in its Indian operations to majority shareholder Tata Sons for $37.7 million.