Aim to complete Vistara-Air India merger as soon as possible, says Singapore Airlines

Singapore Airlines on Tuesday said it aims to complete the merger of Vistara with Air India ‘as soon as possible’ subject to remaining approvals from relevant authorities.

Once the proposed merger, which was approved by the Competition Commission of India (CCI) on September 1, is complete, Singapore Airlines will have a 25.1 per cent stake in Air India.

Vistara is a joint venture in which Singapore Airlines has a 49 per cent stake, while the rest is with the Tatas.

Singapore Airlines and Air India have given certain commitments to the CCI to address the competition concerns arising out of the merger.