ADVERTISEMENT
Air India Seeks To Acquire AirAsia India
The Tata Group-controlled airlines have sought approval from the Competition Commission of India for a merger.
27 Apr 2022, 12:43 PM IST 
Aircraft operated by AirAsia Bhd and SpiceJet Ltd. stand at Terminal 3 of Indira Gandhi International Airport in New Delhi, India. (Photographer: T. Narayan/Bloomberg)
Air India Ltd., months after its takeover by the Tata Group, plans to acquire AirAsia India Pvt.
The airlines have sought approval from the Competition Commission of India, according to a regulatory filing. “The proposed combination will not lead to any change in the competitive landscape or cause any appreciable adverse effect on competition in India...”
Air India is a wholly owned subsidiary of Tata Sons Pvt., while AirAsia India is a joint venture—83.6% owned by the Tatas and the rest held by Malaysia's low-cost carrier AirAsia Berhad.
Tata Sons has interests in as many as four airlines—Air India, Air India Express, Vistara and AirAsia India.
