Reuters

Malaysia's AirAsia forming airline JV with Tata

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An Air Asia Airbus A320-200 aircraft approaches its parking space at the Low Cost Carrier Terminal (LCCT) in Sepang, outside Kuala Lumpur March 21, 2012. REUTERS/Tim Chong/Files

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Malaysian AirAsia X's Airbus A330-300 sits on the tarmac during its inaugural ceremony at the airport in Sepang September 18, 2007. REUTERS/Bazuki Muhammad/Files

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Malaysian AirAsia aircrafts park at Kuala Lumpur International Airport outside Kuala Lumpur on October 20, 2004. REUTERS/Bazuki Muhammad/Files

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Air Asia CEO Tony Fernandes answers a question during a news conference in central Sydney January 6, 2010. REUTERS/Daniel Munoz/Files

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