Govt panel clears merger of Air-India and Indian

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SIA9017.0 million Thai8517.9 million Malaysian11015.4 million Lufthansa37550.9 million IA-AI (Merged)11211.7 million  The merged company will control over 70 per cent of the real estate at Mumbai and Delhi airports (in terms of parking bays, hangars and maintenance slots).  With the merger, the new entity will have more aircraft than Singapore Airlines, Malaysian Airlines and Thai Airways.  Also, with new aircraft acquisitions cleared by the government for both airlines, the combined fleet strength would go up to 130. However, in terms of annual passenger traffic, it will lag far behind the three Asian tigers.  The merger also gives the government the chance to recapture market share which it has lost to Jet Airways, now with a 26 per cent domestic share.  A-I