‘If on sale, ready to buy Tatas’ AirAsia India stake’

FARNBOROUGH: AirAsia chief Tony Fernandes has expressed willingness to buy stake from Tatas in AirAsia India provided it is on sale even as he emphasised that the

Published on: Jul 15, 2016, 07:02:08 IST

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FARNBOROUGH: AirAsia chief Tony Fernandes has expressed willingness to buy stake from Tatas in AirAsia India provided it is on sale even as he emphasised that the airline joint venture is working well. The comments assume significance against the backdrop of Fernandes recently receiving the Overseas Citizen of India status, which could provide more leeway for him than as a foreign investor. Responding to a query on whether he would look at acquiring stake from Tatas, the Malaysian airline AirAsia Group’s CEO indicated that he is willing to look at it. “We are happy with the Tatas at the moment. It (the JV) is working well, but if any one wants to sell and it is good price and if I can buy I will buy,” he said on the sidelines of the Farnborough international airshow .

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