As AirAsia India struggles to find a firm foothold in the competitive domestic aviation space, Tatas are gaining upper hand in steering the no-frills carrier with executives from the conglomerate helming most senior positions, according to a source.
A joint venture, majority-owned by Tatas, the airline’s other shareholder is Malaysia’s AirAsia group. The carrier, which commenced flights nearly six years ago, flew 8.78 lakh passengers garnering 6.8 per cent domestic market share in November.
Over the years, there have been concerns raised in certain quarters about alleged role of the Malaysian partner having a bigger say in various matters related to AirAsia India.
