The Tatas appear to be moving closer to a decision to bid for Air India in partnership with Singapore Airlines and have already started working on the structure for such an acquisition — including a merger of AirAsia India, in which they hold 51%, and Air India Express, a 100% subsidiary of the government-owned national carrier.
The Tatas appear to be moving closer to a decision to bid for Air India in partnership with Singapore Airlines and have already started working on the structure for such an acquisition — including a merger of AirAsia India, in which they hold 51%, and Air India Express, a 100% subsidiary of the government-owned national carrier.
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