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Singapore Airlines can thank Air India-Vistara merger for 2x profit in Q3

by Robert Van Pash (Editor)
February 21, 2025
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Singapore Airlines‘ on Thursday reported its net profit more than doubled in the third quarter, helped by a one-time gain from the Air India-Vistara merger.

The airline, which owned about 49% of Indian carrier Vistara, completed a merger of Air India and Vistara last November, in a bid to create a dominant full-service airline for the domestic and international markets.

The deal granted Singapore Airlines (SIA) a 25.1% stake in the Air India group, while autos-to-steel conglomerate Tata…

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