Air India closes in on full acquisition of AirAsia India
selectcountry United Kingdom selectcountry United States selectcountry Asia Pacific


Air India closes in on full acquisition of AirAsia India

Monday, 03 Nov, 2022 0

Air India is nearing full ownership of AirAsia India.

It signed agreements to complete the purchase of the remaining 16.67% stake still owned by AirAsia Group.

Under the agreement, AirAsia India can continue to use the ‘AirAsia’ brand name for 12 months.

AirAsia India will be merged with low cost Air India Express within the next year with the new entity taking the Air India Express name.

It will be co-led by Sunil Bhaskaran, CEO of AirAsia India and Aloke Singh, CEO of Air India Express during the integration.

“We are excited to initiate the creation of a single Air India Group low-cost carrier. This is a key step in the rationalisation and transformation of the Group,” said Campbell Wilson, CEO, Air India.

Air India owner now has full control of three airlines as well as 51%: of full-service carrier Vistara

Tata Group is mulling a possible merger of Vistara and Air India.



 

below social share icons
profileimage

Ray Monty



Polish Tourism Organisation

The Polish Tourism Organisation (Polska Organizacja Turystyczna – POT) is one of several dozen national tourism organisations operating in the...

Carnival Cruise Line

If you’re thinking of cruising, there’s a very good chance you’re considering a Carnival cruise. Growing since our founding in...

Palladium Hotel Group

Palladium Hotel Group is a renowned Spanish hotel chain that first emerged towards the end of the 1960s. Currently present...

American Tours International

From the beginning, ATI’s philosophy has been “innovation, not duplication.“ Developing specialized technology solutions to connect over 30,000 accommodation, attracti...

GHA Discovery

Global Hotel Alliance brings together a unique collection of independent hospitality brands for GHA DISCOVERY, a multi-brand loyalty programme. GHA...

Ama Waterways

Ensuring our guests have an unforgettable experience while sailing with us is paramount; however, your health and safety remains our...

Elegant Resorts

Here at Elegant Resorts, luxury travel is in our DNA. True pioneers in the industry, we were the first specialist...

Canadian Affair

We are the UK’s leading Canada travel experts   Canadian Affair Company Information Founded in 1995, Canadian Affair offers an...

Hilton

Hilton is a leading global hospitality company with a portfolio of 22 world-class brands comprising nearly 7,300 properties and more than 1.1 million rooms, in...

Mabrian Technologies

We work with reliable data providers with global coverage, that guarantee data representativeness as well as compliance with International Personal...

MGM Resorts

MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels...

Travel Oregon

The Oregon Tourism Commission, dba Travel Oregon, works to enhance visitors’ experiences by providing information, resources and trip planning tools...

Visit Sweden

To say Sweden is fit for a fairy tale is not overstating it—the palaces dazzle, the boreal forests are brimming...

Visit Morocco

Local spices spike the fragrant air of Morocco. Cradled by the dunes of the Sahara, the Kingdom has been inhabited...

Punta Gorda / Englewood Beach

Discover Punta Gorda/Englewood Beach, also known as the Charlotte Harbor Gulf Island Coast. This natural wonderland is nestled in the...

Visit Santa Barbara

It’s easy to find perfection in Santa Barbara, but what if there was even more of your favorite finds, activities,...

Holiday Extras

Holiday Extras is the UK market leader in airport parking, airport hotels, worldwide airport lounges, destination car hire, airport transfers...

Kiwi.com

We make travel accessible for everyone We believe everyone should be free to experience the world. For us, there’s no...

Will SAF mandate raise the cost of flying?
Most Read
mostcomentedimg BA pilot dies during layover
advisor_img

BA suspending all Heathrow to Abu Dhabi flights
advisor_img

Unexpected wave rocks cruise ship
advisor_img

Report: Cruise guest died after ship lashed in heavy storm
advisor_img

British teen in serious condition after paraglider collision
advisor_img

JetBlue scraps London Gatwick flights

Walt Leger on New Orleans’ Resilience and Major Events Ahead

Cindy Mackin Shares Estes Park’s Winter Thrills

Mark Jaronski of Explore Georgia on FIFA World Cup 2026

Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange

North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism

Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns

James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel

Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination

Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics

Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
TRAINING & COMPETITION
topnews
Carnival Cruise Line unveils t...
topnews
Just You unveils biggest-ever ...
topnews
Central Florida Insider: Get t...
topnews
G Adventures launches next Cha...
topnews
Crystal Launches Sell Three, S...
topnews
Introducing Inclusive Collecti...

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Change Email

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Learn How To Enable Cookies

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari