Tatas and Singapore Airlines to merge Air India and Vistara; SIA to get 25.1% stake
- SIA will invest $250 million into Air India as part of the transaction, the Singaporean carrier said in a statement
Singapore Airlines and Tata Sons (Tata) will merge national carrier Air India and full-service airline Vistara by March 2024, SIA said on Tuesday after its board approved the merger.
Select your Category
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more