Air India has recently appealed in a US court against Devas Multimedia, arguing that a recent change in ownership of the airline prevents demands for recovery of arbitration awards ($1.2 billion) given to the Indian startup by international courts over the cancellation of a satellite deal with Isro’s commercial arm Antrix.
According to an agency report, Air India filed the appeal in the US court on Thursday, the same day the Tata Group took over the management of the airline. A source in the civil aviation ministry, on condition of anonymity, confirmed the development without elaborating further. Tata Sons has, however, not responded to an email query from
TOI
on the airline moving the US court.
