Tata Sons mulls merger AirAsia India – Air India Express merge
Air India’s new owner Tata Sons reportedly plans to merge LCC AirAsia India with Air India Express.
A merger will simplify the airline group’s business structure and cut costs.
Tata now owns a 84% stake in AirAsia India.
Tata Sons took control of Air India last month after the government accepted its winning bid for the cash-strapped national carrier.
The sale included low cost brand Air India Express.
Tata Sons has reportedly been in talks with management at AirAsia India and Air India to outline and integration plan to include aircraft fleets, flight schedules and workers.
Tata Sons is also working on setting up a holding company for all its airline businesses.
It also owns a majority stake in full service carrier Vistara in partnership with Singapore Airlines.
Vistara could in the future be merged into main carrier Air India.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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