AirAsia India tells agents it is well funded, committed to expansion

Communication comes in the backdrop of its Malaysian promoter's move to review India investment, which sparked concerns about airline's exit from India

AirAsia India is adequately funded and on track to expand its operations, the airline's chief commercial officer Ankur Garg wrote to travel agents today.

The communication comes in the backdrop of its Malaysian promoter's decision to review its investment in India. The announcement sparked concerns about the airline's exit from India and Garg's email sought to assuage those concerns.

"AirAsia India remains on the path of serving the Indian market by growing its network and scale of operations. While the current pandemic has severely impacted the aviation sector and AirAsiaIndia is no exception, we have remained adequately capitalised throughout these