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Air India Seeks to End $1.2 Billion U.S. Case Citing New Owner

  • Indian carrier requests U.S. court to dismiss Devas’ petitions
  • Filing comes after Tata Sons, Air India’s new owner, took over
Day 2 At India Aviation Air Show

Photographer: Dhiraj SIngh/Bloomberg

Air India Ltd. is seeking to end a case filed by Devas Multimedia Pvt. in a U.S. court, arguing a recent change in ownership of the carrier prevents demands over recovery of arbitration awards. 

Devas demands $1.2 billion from the Indian government after winning three international arbitration awards over a scrapped telecommunications deal with a state-run firm. The company is seeking to seize overseas assets of the formerly government-owned flag carrier, which was handed over to Indian conglomerate Tata Sons Pvt. on Thursday, saying the national carrier is an alter ego of the Indian government.