Singapore Airlines and Tata Group are planning a joint bid for Air India, the state owned airline.
Indian authorities have seemingly accepted they need to be rid of the airline and the financial drag it places in government coffers, finally letting it compete properly on a commercial basis that can be sustainable.
Tata Group is looking at ways of working with Air Asia India to operate express services domestically.
Indian carrier Vistara is owned by the Tata Group. Combine that with Air India in the Tata Group and it would give the group a monopoly on full service airlines operating in India.
Air India’s employee’s unions are said to be meeting in Delhi, and as audial unions prefer little to change the status quo. Any external company will inevitably want to rationalise how the airline functions and cut unnecessary jobs.