After the CORONA pandemic, the airline industry has been suffering from losses and the maintenance cost of the flights is pretty high. Because of this, Air Asia is planning to sell its share to the Tata group. Already Tata has the 51% share in Air Asia and another 32.67 shares will be taken. Air Asia will be reduced to 17% only. Tata Group is also eagerly waiting to bid for Air India also. The government has been baring the losses of Air India and now, the COVID pandemic brought many financial difficulties.

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