AirAsia India-Air India Express merger likely by 2023-end: Air India

Air India said an operational review process is underway to integrate budget carrier AirAsia India with Air India Express and the merger is likely by the end of 2023. Tata Group-owned Air India has also signed agreements to have a 100% stake in AirAsia India. Post-merger, the entity will be branded as Air India Express, according to a statement.