Tata’s Singapore Airlines Deal Sends Shockwaves toward Malaysia
Star Alliance member Singapore Airlines has signaled a desire to expand its Indian joint venture’s network to include international destinations eventually.  (Photo: Singapore Airlines)
Star Alliance member Singapore Airlines has signaled a desire to expand its Indian joint venture’s network to include international destinations eventually. (Photo: Singapore Airlines)

The bid by Malaysia’s AirAsia to launch a low-fare airline in India with the Tata Group has hit some unexpected turbulence as Singapore Airlines prepares to launch a joint venture with the very same investors. Already holding a 30-percent stake in AirAsia India, the Tata Group has now turned its sights toward the full-service market in agreeing to take a 51-percent stake in Tata SIA Airlines, apparently to the dismay of at least one of the principal investors in the AirAsia Indian venture.

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