Home / 2022 at 03:09AM / November 29 / Tatas, Singapore Airlines to merge Vistara into Air India by March 2024

Tatas, Singapore Airlines to merge Vistara into Air India by March 2024

November 29, 2022 ,
Tata Sons and Singapore Airlines (SIA) on Tuesday announced that they will merge Vistara into Air India, with a target to complete the process by March 2024 subject to regulatory approvals. Once that happens, Tata Sons will hold 74.9% stake in the AI-Vistara-AI Express-AirAsia India Pvt Ltd (AAIPL) combined entity and SIA the remaining 25.1% stake. https://ift.tt/IMuyTtD
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