Air India Express seeks final NCLT nod for AIX merger
Monday, 1 January 2024 Tata Group is on track to consolidate its four airlines in the New Year. Air India Express has filed the 'second motion' for final hearing in NCLT for merging AIX Connect (erstwhile AirAsia India) into it. The group expects the nod by March and after approval, the two airlines will operate on a single air operator certificate or licence. The timing of the other big merger - Vistara into Air India - will depend on the latter "reaching an appropriate level", AI MD & CEO Campbell Wilson had told TOI last September.
Sony Ends $10 Billion Merger , With India Media Giant Zee.
The deal was called off
on Jan. 22, CNN reports. .
According to Sony, βthe closing conditions
to the merger were not..
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