29-September-2022
Corporate News
 
Tatas evaluating options to consolidate AirAsia India, Vistara under Air India: Sources
22-Sep-2022

The Tata Group has started an exercise to evaluate options to consolidate AirAsia India and Vistara under Air India to bring operational synergies among the three airlines under its umbrella, sources said. Air India, which the group had taken control of in January after winning the bid to acquire the national carrier for Rs 18,000 crore in October last year, has set up a team under its Director of Operations, R S Sandhu, sources familiar with the development said.

News Source:- https://www.financialexpress.com/industry/tatas-evaluating-options-to-consolidate-airasia-india-vistara-under-air-india-sources/2681387/