Indian Government Approves Air India and Vistara Merger
Indian Government Approves Air India and Vistara Merger
Much-anticipated merger between Air India and Vistara has been given the green light.
Much-anticipated merger between Air India and Vistara has been given the green light.
by the Indian government. This approval marks a major milestone in the consolidation process,
by the Indian government. This approval marks a major milestone in the consolidation process,
bringing together two of the country's prominent airlines under the ownership.
bringing together two of the country's prominent airlines under the ownership.
The government approved an investment of $276 million by SIA.
The government approved an investment of $276 million by SIA.
Singapore Airlines, which currently owns a 49% stake in Vistara.
Singapore Airlines, which currently owns a 49% stake in Vistara.
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This merger will result in the unification of the fleets, crews, and route networks.
This merger will result in the unification of the fleets, crews, and route networks.
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With the regulatory approvals secured, the movement of Vistara’s aircraft.
With the regulatory approvals secured, the movement of Vistara’s aircraft.
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Air operator certificate is set to take place on November 12, 2024, signaling a new chapter.
Air operator certificate is set to take place on November 12, 2024, signaling a new chapter.
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