Explorer

Tatas Evaluating Options To Consolidate AirAsia India, Vistara Under Air India: Report

In Vistara, Tata Sons' holding stands at 51 per cent and the rest 49 per cent is with Singapore Airlines

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.

The team will evaluate synergies in operations between Air India Express and AirAsia India as well as between Air India and Vistara, they said.

"Air India CEO and MD Campbell Wilson has set up this team, which will look into synergy between Air India Express and AirAsia India and also between Air India and Vistara and how to achieve the merger," a source said.

The team has been asked to submit its plan within one year, the source added. It is understood that the plan is to achieve consolidation of AirAsia India into Air India Express over a one year period, while also targeting to bring all of the group's airlines businesses under the Air India umbrella by 2024.

An e-mailed query to Tata Sons seeking comments remained unanswered.

Tata Group took back control of Air India and its low-cost international arm, Air India Express from the government in January this year. Besides, it holds a majority 83.67 per cent stake in domestic budget carrier AirAsia India, which started flying in June 2014, while the remaining 16.33 per cent is with the Malaysian airliners group AirAsia.

The group is looking to acquire the remaining stake in AirAsia India from AirAsia Group.

In Vistara, Tata Sons' holding stands at 51 per cent and the rest 49 per cent is with Singapore Airlines. The full service carrier had started services from January 2015. 

View More
Advertisement

IPL Auction 2025

Most Expensive Players In The Squad
Virat Kohli
₹21 CR
Josh Hazlewood
₹12.50 CR
Rajat Patidar
₹11 CR
View all
Most Expensive Players In The Squad
Rishabh Pant
₹27 CR
Nicholas Pooran
₹21 CR
Ravi Bishnoi
₹11 CR
View all
Most Expensive Players In The Squad
Jasprit Bumrah
₹18 CR
Suryakumar Yadav
₹16.35 CR
Hardik Pandya
₹16.35 CR
View all
Most Expensive Players In The Squad
Heinrich Klaasen
₹23 CR
Pat Cummins
₹18 CR
Abhishek Sharma
₹14 CR
View all
Most Expensive Players In The Squad
Ruturaj Gaikwad
₹18 CR
Ravindra Jadeja
₹18 CR
Matheesha Pathirana
₹13 CR
View all
Most Expensive Players In The Squad
Shreyas Iyer
₹26.75 CR
Arshdeep Singh
₹18 CR
Yuzvendra Chahal
₹18 CR
View all
Most Expensive Players In The Squad
Sanju Samson
₹18 CR
Yashaswi Jaiswal
₹18 CR
Riyan Parag
₹14 CR
View all
Most Expensive Players In The Squad
Venkatesh Iyer
₹23.75 CR
Rinku Singh
₹13 CR
Varun Chakaravarthy
₹12 CR
View all
Most Expensive Players In The Squad
Rashid Khan
₹18 CR
Shubman Gill
₹16.5 CR
Jos Buttler
₹15.75 CR
View all
Most Expensive Players In The Squad
Axar Patel
₹16.5 CR
KL Rahul
₹14 CR
Kuldeep Yadav
₹13.25 CR
View all
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Parliament's Winter Session Set For Stormy Start On Monday With Oppn Attacks Over Adani Row, Manipur Violence
Winter Session Set For Stormy Start On Monday With Oppn Attacks Over Adani Row, Manipur Violence
Sambhal Violence: 3 Dead, 20 Security Personnel Injured In Clashes Over Mosque Survey, 21 Accused Held — Updates
Sambhal: 3 Dead, 20 Security Personnel Injured In Clashes Over Mosque Survey, 21 Accused Held — Updates
Hemant Soren Stakes Claim To Form Next Jharkhand Government, Confirms Oath Ceremony Date
Hemant Soren Stakes Claim To Form Next Jharkhand Government, Confirms Oath Ceremony Date
IPL 2025: Rishabh Pant Becomes Most Expensive Player In IPL Auction History
Rishabh Pant Becomes Most Expensive Player In IPL Auction History
Advertisement
ABP Premium

Videos

From Hating Computers to Building a Software Empire, The Inspiring Journey of ESDS CEO Piyush SomaniGautam Adani Faces Another Blow as SEBI Launches Probe Against Adani Group | Paisa LiveBigg Boss 18: Did Salman Khan Bully Arfeen Khan? Hrithik Roshan's Mind Coach Breaks Silence!Tamannaah Bhatia Has Vijay Varma as Bonus? Jimmy Shergill's Army Exam & Avinash Good Looks! EXCLUSIVE Interview

Photo Gallery

Embed widget