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Air India-Vistara merger gets approval; NCLT gives nod for world’s largest airline group – Airlines/…

by Robert Van Pash (Editor)
June 9, 2024
in Vistara
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The National Company Law Tribunal (NCLT) approved the merger of Air India and Vistara, on Thursday. The merger has resulted in the creation of one of the world’s largest airline conglomerates. Under the merger deal, Singapore Airlines will own 25.1 % stake in Air India. Vistara is a joint venture between Tata Group and Singapore Airlines.

Air India -Vistara merger

Air India is planning to finalize the merger by the end of this year. The merger was announced in November 2022. In a…



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