Indian low-cost airline Air Asia India is now fully owned by Tata Sons. A merger of the carrier with Air India Express is currently being prepared. This will appear under the Tata brand in the future.
Formally, the Air India subsidiary has fully acquired Air Asia India's shares. Tata Sons wants to reduce the number of brands and merge individual flight operations with each other. The Indian competition authority has already given the green light for the project.
Air Asia India was originally established as a joint venture between Tata and Air Asia. The continued existence of this airline was at stake during the corona pandemic, but the Indian majority owner, who also took over Air India, claimed ownership of the carrier. In the meantime, the stake has been bought from the minority shareholder from Malaysia.
The next step is to merge Air India Express and Air Asia India. It is currently planned that the joint venture will be positioned as a low-cost company and will fly under the Tata brand. However, the final decision on the fire has not yet been made, so changes may still occur.
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