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The Times of India

Business

Saurabh Sinha | TNN

Singapore Competition Commission expresses concern at Tatas acquiring Air India

AI Tatas Air India TATA Singapore CCCs India Vistara Sia Mumbai

NEW DELHI: The Competition and Consumer Commission of Singapore (CCCS) has expressed concerns over Tatas acquiring Air India as three related entities now have a major presence on “overlapping passenger routes” — Delhi-Singapore and Mumbai-Singapore — apart from “overlapping cargo routes” between India and the city state.

Singapore Airlines (SIA) is a 49% stakeholder in Vistara that is 51% owned by the Tatas. And now Tatas own 100% of AI. Together these three have a major presence on the India-Singapore sector.

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