Air India proposes to acquire AirAsia India - Economic Times
4/27/2022 12:00:00 AM3 yearsago
by Anirban Chowdhury and Nehal Chaliawala
by Anirban Chowdhury and Nehal Chaliawala
Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission for the proposed deal. AirAsia India is majority-owned by Tata Sons Private Ltd with a shareholding of 83.67 per cent and the remain…
Tata Sons Air India will acquire the conglomerates subsidiary AirAsia India and likely merge it with its unit Air India Express in its aim to form a large airline to take on rival carriers such as In… [+2070 chars]
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