Ratan Tata Appointed as Chief Advisor of AirAsia India

6/24/2013
Ratan Tata Appointed as Chief Advisor of AirAsia India
AirAsia announced that Ratan Tata, the ex-chairman of the Tata Group was appointed as the Chief Advisor of AirAsia’s India board. In the meanwhile, Mittu Chandilya was named as the CEO of the AirAsia India. Ratan Tata paved the way for creating joint venture between AirAsia, Arun Bhatia of Telestra Tradeplace and the Tata Group.In the joint venture, AirAsia has 49 percent share, while Tata has 30 percent share. Remaining 21 percent share is held by Arun Bhatia.
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