According to reports, Tata Sons has started work on the merger of AirAsia India with Air India’s low-cost airline, Air India Express, in a bid to achieve synergies and reduce operational costs. However, Tata Sons is yet to conclude talks with Singapore Airlines (SIA) on integrating the schedules of Vistara and Air India. The Tata Group owns a 51 per cent stake in Vistara and SIA holds the rest.
