Air India Vistara merger: AI-Vistara merger will strengthen presence in India: Singapore Airlines

Singapore Airlines Group on Wednesday said the proposed Air India and Vistara merger, which is awaiting foreign direct investment and other approvals, will strengthen its multi-hub strategy as well as allow it to continue directly participating in the fast-growing Indian aviation market.Once completed, it will give SIA a 25.1 per cent stake in an enlarged Air India Group with a significant presence in all key Indian airline market segments, including domestic, international, full-service,…