Air India announces merger with Vistara by 2024

[Shiv Verma]

Vistara plans to increase its fleet size and employee count, its top HR executive told, "trying to allay fears about potential layoffs tied to its merger with Air India".

Vistara won’t cut jobs due to Air India merger: HR head

Vistara plans to increase its fleet size and employee count, its top HR executive told DH, trying to allay fears about potential layoffs tied to its merger with Air India. “When we were at the ebb of our performance during Covid, we made a statement we would not do any layoffs. So right now we...

www.deccanherald.com

 

[Shiv Verma]

Air India, owned by the Tata group, will discontinue the Vistara brand on completion of its merger with Tata SIA Airlines Ltd, the operator of Vistara airline, chief executive and managing director Campbell Wilson said.

Air India to end brand Vistara after merger

While Tata-run Air India completed a year of privatization in January, Vistara started operations in January 2015 as a 51:49 joint venture between Tata Sons and Singapore Airlines.

www.livemint.com

 

[Shiv Verma]

Tata Sons owned Air India has approached anti-trust regulator Competition Commission of India for a merger of full service airline Vistara. While Tata Sons holds 51% in Vistara, the remaining 49% is owned by Singapore Airlines (SIA).
After the merger, SIA will be holding a minority stake of 25.1% stake in the entity.

Tatas approach CCI to merge Air India and Vistara

“The proposed transaction relates to consideration of the merger of Tata Singapore Airlines Limited (Vistara) into Air India and the acquisition of shares in the merged entity by Singapore Airlines and Tata Sons, “ a notice filed with CCI said.

economictimes.indiatimes.com

 

[Shiv Verma]

The merger of Air India and Vistara will help the Tata Group in streamlining the whole exercise of operating air carrier in India, but it will also put Singapore Airlines on frontline in India.

Air India-Vistara Merger To Put Singapore Airlines On Forefront In Indian Aviation Industry

The merger of Air India and Vistara will help the Tata Group in streamlining the whole exercise of operating air carrier in India, but it will also put Singapore Airlines on frontline in India.

zeenews.india.com

 

[Shiv Verma]

Air India-Vistara merger flies into CCI turbulence. CCI has decided to review the merger of Air India and Vistara, which may potentially delay the process.

Air India-Vistara merger flies into CCI turbulence

People aware of the development said the CCI has not given expedited permission to the process and has instead sent a notice to the two airlines, asking why an investigation on the impact of the merger should not be conducted. "The process has moved to phase 2 which will entail more discussion...

m.economictimes.com

 

[Bapun]

India’s Vistara airline has begun making plans to merge its staff into Air India, as the country’s industrial Tata family combines the two carriers to rebuild its aviation empire.

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