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Dynamite News
Dynamite News
World
DN Bureau

Air India proposes to acquire AirAsia India

Air India AirAsia India India Tatas Competition Commission Air India Express
Air India plans to acquire no-frills carrier AirAsia India (File Photo)

New Delhi  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 remaining stake is with AirAsia Investment Ltd (AAIL), which is part of Malaysia's AirAsia Group.

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