Tata-owned Air India has reached out to the anti-trust regulator Competition Commission of India (CCI) for the merger of its low-cost subsidiary AirAsia India. AirAsia India, a low-cost Indian carrier, is run by the Tata Group. Presently, Tata Sons holds 83.67 per cent of the company. The remaining 16.33 per cent of the company is owned by AirAsia Investment Ltd (AAIL), which is part of Malaysia's AirAsia Group.

Air India Ltd (AIL) and its subsidiary Air India Express were acquired by Talace Private Limited, a wholly-owned subsidiary of Tata Sons Private Ltd, last year. "The proposed combination relates to the acquisition of the entire equity share capital of AirAsia India Private Limited by Air India Ltd- an indirect wholly-owned subsidiary of Tata Sons Private Limited (TSPL). At present, TSPL holds 83.67 per cent of the equity share capital of Air Asia India," the filed notice with the CCI stated.