Aviation
Commercial /
Asia
Fusion
Air India and Vistara will merge into a giant company with more than 200 planes
Airbus A320
Vistara
Public Domain
Rafael Ramos
11/29/2022
The two Indian carriers, Air India and Vistara, will merge into one big carrier, confirming earlier rumours. The information was confirmed today (29) by the Tata Group, owner of Air India, and by Singapore Airlines, a partner of Vistara.
Singapore Airlines (SIA) will invest US$250 million to own 25.1% of the airline's shares from the Tata Group.
The transaction is expected to close by March 2024, if all regulatory approvals occur by then.
Singapore Airlines owns 51% of Vistara shares, while the Tata group owns 49% of the company.
In addition, the new group will include Air India Express and Air Asia India, forming a company with 215 aircraft in the fleet. Despite this, branding details have yet to be confirmed.
The company formed will be the second largest carrier in the country, with domestic and international operations, second only in terms of fleet size to IndiGo, with 285 aircraft.
Boeing 787-8 Dramliner
CC BY-SA 2.0, via wikimedia commons
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Rafael Ramos
Aviation enthusiast from an early age, he had his first contacts with the area developing that good old habit of spending dozens of hours in front of the screens of Micrsoft Flight Simulator and other simulators. With a solid background in various technological areas, including engineering and chemistry, Rafael has rejoined aviation as editor and author of articles and materials on our portal, providing invaluable help to the dynamics and expansion of the website and the aeronautical community, bringing us the news and updates so indispensable for us to remain current in our area of operation.
   
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