India’s third largest airline Vistara will operate its last flight tomorrow i.e. on November 11. From November 12, all Vistara flights will be operated by Air India. Ticket booking for this will also be done from Air India’s website. The merger deal of Air India and Vistara was signed in November 2022. It was approved by the Indian regulator Competition Commission of India (CCI) in September 2023. After this merger, Air India Group has become the second largest domestic airline and the largest international airline in the country after Indigo in terms of market share. First full-service and low-cost airline After the merger, Air India will be the only Indian airline group to operate both full-service and low-cost passenger services. Air India (including Air India Express and Air Asia India) and Vistara have a total of 218 widebody and narrowbody aircraft, which serve 38 international and 52 domestic destinations. Vistara was started in 2013. It is India’s leading full-service carrier with international operations in East-Central Asia and Europe. Singapore Airlines to invest additional Rs. 3,194.5 crore After the merger, Singapore Airlines will also make an additional investment of Rs. 3,194.5 crore in Air India. The company informed about this in an exchange filing. Tata has 74.9% stake and SIA has 25.1% stake After the merger of the two airlines, Singapore Airlines will have 25.1% stake in Air India. For this, the company has made a direct investment of $250 million (about Rs. 2,096 crore). At the same time, Tata Group will have 74.9% stake in the new venture. Before the deal, Tata Sons had 51% stake in Vistara and Singapore Airlines had 49% stake. The name of the new firm will be AI-Vistara-AI Express-Air Asia India Private Limited (AAIPL).
