Connect with us

Airlines

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

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.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Airlines

British Airways Unveils Its Brand-New First Class Cabin for the Airbus A380

British Airways Unveils Its Brand-New First Class Cabin for the Airbus A380

British Airways has introduced its brand-new First Class seat, blending sleek design with expert British craftsmanship. Reflecting modern British luxury travel, this new cabin is part of the airline’s Airbus A380 retrofit plans, set to take flight in mid-2026.

The updated First Class cabin has been crafted to feel like a modern luxury hotel in the sky, complete with cozy touches and thoughtful British details.

Etihad Airways Unveils 10 Exciting New Routes for 2025

Designed by top experts from across Great Britain and Ireland—including London, Glasgow, West Yorkshire, Kilkeel, and Dublin—the seat reflects the best of British design and quality.

Features and Comforts
The new First Class seat is ultra-wide at 36.5 inches, with a bed length of 79 inches for ultimate comfort. It includes:

  • A multi-purpose ottoman and stowable table.
  • A 32-inch 4K TV screen.
  • Adjustable mood lighting with modes like “relax,” “dine,” and “cinema.”
  • A cocooned 60-inch curved wall for privacy while maintaining a spacious feel.

Passengers traveling together can enjoy a shared experience with a sliding divider that creates a lounge-like space. The stowable tables also allow for “buddy dining,” where two people can dine together.

The cabin’s flowing curves, inspired by the iconic Concorde wings, create a welcoming and stylish environment. Additionally, passengers can now wheel their luggage directly into their personal storage space, making settling in easier.

This country tops visa rejections in the popular Schengen countries

British Airways carefully considered customer feedback when designing this cabin. The seat includes practical storage and features like a fully rectangular bed for home-like comfort. Every detail, from usability to elegance, has been designed to enhance the travel experience.

British Airways is proud to be the only UK-based European airline offering a First Class product across the Atlantic. british airways premium economy and First Class travelers enjoy exclusive perks such as stylish seats, access to luxury lounges, fast-track security, and the First Wing at Heathrow. The airline ensures a premium experience from booking to landing.

This cabin upgrade is part of British Airways’ £7 billion investment in improving customer experiences. The airline has already introduced over 120 initiatives, including new short-haul seats, free onboard Wi-Fi messaging, and refreshed lounges worldwide.

Continue Reading

Trending