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After the acquisition of Air India by the Tata Group in January 2022, sources reported the chances of a merger between Vistara and Air India. [35] On 2 September 2023, the Competition Commission of India approved the merger of Vistara with Air India. [36] In November 2022, Tata Group and Singapore Airlines confirmed the merger of the two ...
On 29 November 2022, Air India announced the merger with Vistara by March 2024 with Singapore Airlines which owns a 49% stake in Vistara getting a 25% stake in the newly formed airline. [79] Vistara brand would be discontinued post the merger and the brand will operate under the Air India name.
Vistara, was an Indian full-service airline, based in Gurgaon, with its hub at Delhi. The carrier, a joint venture between Tata Sons and Singapore Airlines , commenced operations on 9 January 2015 with its inaugural flight between Delhi and Mumbai .
Indian conglomerate Tata Group is merging Air India with Vistara, its joint venture with Singapore Airlines (SIA), to create a bigger full-service carrier that will strengthen its presence in ...
To be sure, both Air India and Vistara’s annual losses have reduced by more than half over the past year, and other operating metrics have improved too. But the merger process so far has been ...
India's oldest and largest conglomerate, Tata Sons, will merge its Air India with Vistara, which it jointly runs with Singapore Airlines, in a major step toward revamping the country’s debt ...
Air India. 2007 - Merged with Indian Airlines. [1] Kept Air India name. 2022 - Acquires Vistara; Air Berlin. 2006 - Acquired dba; 2007 - Acquired LTU International;
Tata Motors – India's largest (and the world's fifth-largest) automobile company, the leader in India's commercial vehicle market with a market share of 45.1% Tata Motors Cars – Produces passenger cars under the Tata Motors Marque. Jaguar Land Rover – British company making Jaguar and Land Rover vehicles; Tata Daewoo; Tata Hispano ...