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AirAsia’s Problems Grow as India Minister Hints at Local Shutdown

  • AirAsia India is majority owned by conglomerate Tata Group
  • India aviation ministry says comments taken out of context
AirAsia Aircraft at Kuala Lumpur Airport Ahead of Earnings
Photographer: Samsul Said/Bloomberg

AirAsia Group Bhd. is closing its affiliate operations in India, the local aviation minister said over the weekend, a comment his office later suggested was taken out of context.

“AirAsia’s shop is anyway shutting down,” Hardeep Singh Puri said in televised comments that were widely circulated on social media. “Their parent company has problems.”