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.

February 20, 2024
5 Articles