Vistara, the airline celebrated for its premium service, marked its final journey in the Indian skies as it prepares for a complete merger with Air India on Monday. The merger, announced in 2022, is a strategic alliance between Tata Sons and Singapore Airlines to create a robust full-service carrier capable of dominating both domestic and international markets. The Vistara brand, a joint venture with a 51:49 ownership between Tata Sons and Singapore Airlines, will cease independent operations as it integrates fully into Air India.
Read More »National Company Law Tribunal Gives Green Light to Air India and Vistara Merger
In a significant development for the aviation industry, the National Company Law Tribunal (NCLT) has granted approval for the merger of Air India and Vistara, marking a pivotal step towards the formation of one of the world's largest airline conglomerates. The post-merger entity will witness Singapore Airlines holding a 25.1% stake in Air India, following the announcement of the merger in November 2022.
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