Commitments and Remedies
Proposed Commercial Cooperation Framework between Singapore Airlines Limited and TATA SIA Airlines Limited and Proposed Acquisition by Talace Private Limited of Air India Limited
5 March 2024
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Competition Law Case | Proposed Commercial Cooperation Framework between Singapore Airlines Limited and TATA SIA Airlines Limited (opens in new tab), and Proposed Acquisition by Talace Private Limited of Air India Limited (opens in new tab) |
Parties Involved |
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Focus of Commitments/Remedies | To address the competition concerns arising from the proposed commercial cooperation framework and the proposed acquisition, commitments have been provided to maintain capacity on the Singapore-New Delhi, Singapore-Mumbai, Singapore-Chennai, and Singapore-Tiruchirappalli routes at pre-COVID-19 (i.e. Calendar Year 2019) levels. *Please direct any complaints in relation to non-compliance of the commitments to the appointed Monitoring Trustee, S&W Partners LLP, via Nasoul.Gopal@swgroup.com and Michel.Alexander@swgroup.com. |
Start Date of Commitments/Remedies | 5 March 2024 for Tata SIA Airlines Limited and Air India Limited 12 November 2024 for Singapore Airlines Limited |
End Date of Commitments/Remedies | No end date specified |