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Singapore Airlines confirms progress on acquiring a 25.1% stake in Air India-Vistara merger, awaits FDI and regulatory approvals.
Singapore Airlines confirms Air India-Vistara merger progress, awaits FDI and other regulatory approvals.
The merger, announced in November 2022, will result in Singapore Airlines acquiring a 25.1% stake in Air India.
Once completed, it will strengthen Singapore Airlines' presence in India and bolster its multi-hub strategy.
Vistara is a joint venture between Singapore Airlines and Tata Group.
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Singapore Airlines confirma avances en la adquisición de una participación del 25,1% en la fusión Air India-Vistara, a la espera de IED y aprobaciones regulatorias.