With the FDI clearance in place, the merger that will see Singapore Airlines acquiring a 25.1 per cent stake in Air India is expected to be completed by the end of 2024. The proposed merger was announced in November 2022.
Tag: Vistara airlines
Air India says passenger who defecated, urinated on floor of plan ‘behaved in repulsive manner’
An Air India spokesperson today condemned the passenger who “behaved in a repulsive manner” during the airline’s Mumbai-New Delhi flight on June 24. The passenger was handed over to security personnel after the plane landed at Delhi airport.
Wadia Group-owned bankrupt airline Go First may lose major part of its fleet
Indian airline Go First finds itself caught between a rock and a hard place as its attempt to start insolvency proceedings has been complicated by aircraft lessors.
Tata Sons, Singapore Airlines approach CCI on Air India-Vistara merger
Singapore Airlines and Tata Sons have approached the Competition Commission of India (CCI) for its approval on the merger of Vistara with Air India.
Singapore adds Pune as new flight destination
Singapore News: Singapore’s Changi Airport has expanded its link to all South Asian cities to the pre-pandemic level and added Maharashtra’s Pune to its flight network.
Air India to buy 500 new aircraft: Report
News: India’s flagship airline Air India is close to ordering 500 jetliners from Airbus and Boeing worth tens of billions of dollars, according to a media report.
Air India, Vistara set to merge, say Tata, Singapore Airlines
News: Singapore Airlines (SIA) and Tata Sons (Tata) have agreed to merge Air India and Vistara, with SIA also investing INR 20.585 billion in Air India as part of the transaction.
Campbell Wilson resigns as CEO of Scoot and joins Air India
Singapore Airlines (SIA) today announced the resignation of Campbell Wilson, CEO of its low-cost carrier subsidiary Scoot. Wilson will subsequently join Air India as its new CEO.
Tata takes back ownership of Air India after 69 years
News: The Indian government has handed over Air India (AI) to the Tata Group, marking the end of all the formalities to transfer the national carrier.
Vistara gets fund infusion from Tata Sons, Singapore Airlines
Business news: Tata Sons Ltd and Singapore Airlines Ltd announced the infusion of an additional SGD 84.7 million (INR 465 crore) into Vistara, according to reports.
