Secretaries’ panel clears IA, A-I merger plan

A committee of secretaries (CoS), appointed to study the merger of Indian Airlines and Air-India, on Monday gave its approval in principle for the merger of the two national carriers. “The CoS has recommended going ahead with the merger. The recommendations will be forwarded to the group of ministers, which will take a final call on the merger,” civil aviation secretary Ajay Prasad told FE.

According to ministry sources, the CoS has also recommended waiving stamp duty for the merger. The merged entity is expected to be headed by a group CMD with SBUs looking after functions like operations, ground handling, cargo, maintenance, and low-cost operations.

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