With the Tatas buying out the remaining equity stake in the brand, the end of the runway seems near. But the airline has for long had a turbulent flight in India
It was meant to be the stuff of dreams. A fledgling low-cost airline market with the world’s second-largest population, a pioneer in the global low-cost airline market looking to make inroads by taking on homegrown low-cost carriers and perhaps bring about a disruption, and a steely partnership involving one of the country’s best-known and most trusted brands. Yet, when it came to AirAsia India, the India arm of the Malaysia-based low-cost carrier, AirAsia, the flight was a turbulent one.