Airlines

SIA to Invest ₹3,195 Crore in Air India Following Vistara Merger

In a significant move to bolster its presence in India’s aviation market, Singapore Airlines (SIA) announced an additional investment of ₹3,194.5 crore in Air India following the merger with Vistara, scheduled to be completed by November 2024.

Before the merger, SIA and Tata held a 49% and 51% stake, respectively, in Vistara, while Air India was fully owned by Tata Group.

This merger will unite Air India and Vistara, creating a strong player in the Indian aviation industry with a significant share across domestic, international, full-service, and low-cost travel segments. With the completion of the merger, Singapore Airlines will maintain its 25.1% stake in Air India.

The ₹3,194.5 crore investment will be made through the subscription of new shares in Air India, and will cover Tata’s previous funding contributions to the airline.

This capital infusion is part of SIA’s commitment to the success of the newly merged entity and is expected to strengthen its multi-hub strategy, reinforcing its footprint in India’s fast-growing aviation market.

In addition to the financial support, SIA and Air India recently expanded their codeshare agreement, which will add 11 Indian cities and 40 international destinations to their shared network.

The collaboration marks a new chapter in the evolution of both airlines, enabling them to better compete in the dynamic Indian market.

SIA’s additional capital will enable Air India to continue its growth trajectory and further enhance its competitiveness in the global airline industry. The continued investment will be evaluated based on the airline’s future needs and funding options.

As the merged entity takes shape, it is poised to provide enhanced connectivity for travelers, while positioning Air India as a more formidable competitor on the international stage.

Airlines

Lufthansa Group Launches New Summer 2025 Routes Worldwide

With the winter season setting in, Lufthansa Group Airlines is already gearing up for the sunny days ahead by launching its 2025 summer flight schedule, now open for bookings.

Travelers can explore a host of new intercontinental and European destinations with Lufthansa Airlines, Discover Airlines, Austrian Airlines, Swiss International Air Lines, and Edelweiss.

Exciting New Routes
Starting from Frankfurt, Lufthansa introduces a fresh connection to Bydgoszcz in Poland. Meanwhile, Discover Airlines will launch new routes from Frankfurt to Ålesund, Norway, and from Munich to diverse destinations including Windhoek (Namibia), Calgary (Canada), Orlando (USA), and Bodø (Norway).

COMAC Secures $1.5B Regional Jets Order Deal with Hainan Airlines

From Vienna, Austrian Airlines will open new routes to Edinburgh (Scotland), Sylt (Germany), Burgas (Bulgaria), and Harstad-Narvik (Norway). Swiss International Air Lines, operating from Zurich, will offer flights to Niš (Serbia), Montpellier (France), and Heringsdorf (Germany). Edelweiss also adds exciting connections from Zurich to Halifax (Canada), Seattle (USA), Calvi (France), and Terceira in the Azores (Portugal).

More Connectivity Than Ever
Across Lufthansa Group hubs in Germany, Switzerland, Austria, and Belgium, passengers can access over 12,000 weekly flights to more than 300 destinations in over 100 countries.

Air China to Launch COMAC’s C929 in a Bid to Rival Boeing and Airbus

Airbus A380 Returns to Munich
A highlight for Airbus A380 fans, the world’s largest passenger aircraft will again take off from Munich to popular destinations in the United States—Boston, New York (JFK), Washington, Los Angeles—and Delhi in India.

With Lufthansa Group’s expanded routes, travelers have more opportunities than ever to explore North America, Europe, and Africa with ease and convenience next summer.