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CCI nod to Vistara-Air India merger

The Competition Commission of India (CCI) on Friday approved the merger between Tata Group’s airlines Vistara and Air India The merger will help Air India become India’s largest international carrier and the second-largest domestic carrier after IndiGo Singapore Airlines...

Tribune Web Desk

Updated At : 10:58 AM Sep 02, 2023 IST

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The Competition Commission of India (CCI) on Friday approved the merger between Tata Group’s airlines Vistara and Air India
The merger will help Air India become India’s largest international carrier and the second-largest domestic carrier after IndiGo

Singapore Airlines has 49% stake in Vistara

Rs 2,059 cr investment Singapore Airlines is set to make in the increased share capital of Air India after the merger
25.1% stake Singapore Airlines will then have in the company
74.9% stake will be held by Tata Sons in the newly-formed entity

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