The aviation regulator last week slapped ₹30 lakh fine on Air India for an incident in which a drunk male passenger urinated on a woman. The airline has banned the accused for 4 months.
The proposed combination envisages the acquisition of the entire equity share capital of Air Asia India by Air India.
To survive the new aviation landscape post Air India sale, the smaller airlines have no option but to reinvent themselves.
Tata Group, which owns both carriers along with Air India Express and Vistara, has been trying to promote synergy between its airlines.
