{"id":291501,"date":"2019-09-13T06:51:27","date_gmt":"2019-09-13T06:51:27","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291501"},"modified":"2019-09-13T06:56:39","modified_gmt":"2019-09-13T06:56:39","slug":"tatas-worried-about-airasia-india-growth-unlikely-to-bid-for-ai","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tatas-worried-about-airasia-india-growth-unlikely-to-bid-for-ai\/","title":{"rendered":"Tatas worried about AirAsia India growth; unlikely to bid for AI"},"content":{"rendered":"<p>Tata Sons is unlikely to bid for Air India as it believes that it will not add any heft to its airline business.<\/p>\n<p>Sources close to the salt-to-steel conglomerate told BusinessLine that there is still no clarity on the huge debt pile that Air India is burdened with and the high employee-to-aircraft ratio. It, however, would be interested in some of the key slots at various airports, sources said.<\/p>\n<p>Tata Sons owns 51 per cent each in Vistara, a full service carrier and low-cost airline, and AirAsia India.<\/p>\n<p>The group is also said to be considering a rethink on its way forward with AirAsia India. The airline\u2019s slow growth has been a source of concern for the group coupled with court cases that have stalled the launch of international operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Sons is unlikely to bid for Air India as it believes that it will not add any heft to its airline business. Sources close to the salt-to-steel conglomerate told BusinessLine that there is still no clarity on the huge debt pile that Air India is burdened with and the high employee-to-aircraft ratio. It, however, would be interested in some of the key slots at various airports, sources said. Tata Sons owns 51 per cent each in Vistara, a full service carrier and low-cost airline, and AirAsia India. The group is also said to be considering a rethink on its [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-291501","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291501"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291501\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}