Friday, 28 October 2016

Fight between Cyrus Mistry and Tata: AirAsia and Singapore Airlines are mentioned (3)

The Malaysian main stream media seems to be absent in reporting about the Cyrus Mistry, Tata and AirAsia affair (The Star did publish about AirAsia (a Reuters story), about their leasing unit in a very positive way).

The Edge did however report about the possble fraud: Ousted Tata chief claims fraud at AirAsia India

According to The Times of India "The Civil Aviation Ministry is keeping a close watch on developments related to the purported disclosures made by ousted Tata group chairman Cyrus Mistry about AirAsia India, where Tatas are a partner, and will act if something actionable is brought to its notice.".


  1. I wonder if analysts/reporters will have the balls to ask at AirAsia's next briefing?

  2. The media is silent. Brokers are silent.

    Malaysia Airports are the bad guys (?).

  3. Yes, but AA is a good advertiser for the media.... it should not make a difference, but in practice it can.

    Another party that has been silent so far ..... AA themselves, several parties (The Edge, Financial Times) have asked them for comments, so far none yet.