By the end of the current year, Air India and Vistara Airlines are expected to merge given that Singapore Airlines has approved the shareholding procedure. Singapore Airlines also owns a 49% stake in Vistara Airlines, which launched low-cost airlines in 2015.
In 1932, Air India was established by Jehangir Ratanji Dadabhoy Tata, chairman of the TATA group. But in 1952, the government took over this airline, creating a monopoly that lasted in India until 1992. However, as Air India progressively entered the Indian Airlines market, the government later controlled Indian airlines. However, due to multiple errors in judgment that led to a debt of 60,000 crores ($7.3 billion) and significant losses for the airline, Air India isn’t doing so well. In 2022, the Indian government finally transferred ownership of Air India to TATA Group, the real owner of the business.
What attention TATA is giving to the Air India group?
TATA immediately made several good steps to modernize its fleet after assuming control of Air India. It bought 25 new aircraft for lease, elevating Air India operations, and handled refunds of Rs 150 crore for passengers impacted by the canceled flight from the previous year. Similar to other airlines, Air India also adopted the most recent ticketing system, which has since lowered fares in accordance with flight demand.
With the new TATA group wings, it is now prepared to soar to new heights of grandeur. In order to streamline the process and connect multiple cities with both airlines, Vistara Airlines and Air India are now being merged.
Additionally, Vistara Airlines was named one of the top 20 airlines in the world for 2022. But the Singapore Airlines management team deserves all the praise for taking excellent care of this brand and providing the greatest level of training to the airline’s staff.
One of the top two airlines in the world, Singapore Airlines is renowned for providing exceptional passenger services and flight operations.
How many aircraft are operated by Air India and Vistara?
According to the Air India website, the fleet size is 153 aircraft, with a mix of 128 narrow-body and 49 wide-body Boeing and Airbus aircraft.
Additionally, Vistara Airlines has 51 aircraft, six of which are Boeing 787s. The remaining 48 are narrow-body aircraft, the majority of which are 40 Airbus A320s. According to the website planespotter, with an average age of 3.8 years, it has India’s youngest fleet. As a result, the majority of aircraft will operate at their highest level of service without any difficulties.
How many destinations does Vistara Airlines connect to?
As of August 5, 2022, Vistara offers service to 41 locations, 11 of which are abroad. With domestic flights to 58 locations and foreign flights to 45 cities in 31 countries, the airline serves 103 destinations.
If the two airlines combine, more options will be available to airlines because they would be able to travel to more destinations. Nonetheless, as further reductions are made, Singapore Airlines’ share in Vistara will drop from 49 to 25%. It will be a part of Vistara and Air India.
further widebody aircraft play a significant role in carrying international high volume traffic and narrow body aircraft assist in connecting domestic flights, when the two airlines unite, a total of 204 aircraft will be available for operations.
The choice to consolidate makes sense, according to some of the resources that assist airlines in keeping a combined staff and optimizing the office and airport locations for greater operations.
It will develop into a sizable Asian subsidiary for Singapore Airlines, allowing both companies to make money off of the partnership.