AirAsia Aviation Group Limited on Wednesday has announced that it is selling the remaining equity shares in AirAsia to Tata Group-owned Air India.

The move comes as AirAsia returns to the skies stronger than ever since the Covid-19 pandemic, which had enabled it to re-evaluate its strategic objectives, Livemint reported.

Since January, AirAsia has flown nearly 2 lakh flights, carrying over 23 million passengers across the group.

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