Though there was no official word on what transpired at the meeting this afternoon, it is understood that the plans for the launch of the airline came up during the discussions.
The meeting came days after the Malaysian budget carrier's CEO Tony Fernandes said the new airline may take to the sky by this year-end with 3-4 Airbus A-320 and his company would make an initial investment of between $30-50 million. Besides AirAsia Investment and Tata Sons, the other investor in the joint venture is Arun Bhatia of Telestra Tradeplace.
An application has already been moved by Air Asia's investment arm, AirAsia Investment Limited before the Foreign Investment Promotion Board to seek approval for acquiring 49
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