Air India proposes to buy Air Asia’s remaining stake,
The Morning Standard|April 28, 2022
IN what could be Tata Group’s first move to consolidate its airline operations, Air India, which was recently acquired by the conglomerate, has proposed to buy the no-frills carrier AirAsia India’s entire stake.
ARSHAD KHAN
Air India proposes to buy Air Asia’s remaining stake,

“The proposed combination relates to the acquisition of the entire equity share capital of AirAsia (India) Private Limited (Air Asia India/ Target), by Air India Ltd (AIL), an wholly owned subsidiary of Tata Sons,” said a notice filed with the CCI.

This story is from the April 28, 2022 edition of The Morning Standard.

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This story is from the April 28, 2022 edition of The Morning Standard.

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