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Vistara anticipates receiving all legal approvals for its merger with Air India in the first half of 2024.
Vistara CEO Vinod Kannan announced that legal approvals for its proposed merger with Air India are expected in the first half of 2024.
The deal, announced in November 2022, involves Singapore Airlines acquiring a 25.1% stake in Air India.
The operational merger is expected by early or middle of next year.
Kannan also stated that all competition approvals are expected in the current quarter ending March.
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Vistara prevé recibir todas las aprobaciones legales para su fusión con Air India en el primer semestre de 2024.