New Delhi: Full-service carrier Vistara’s proposed merger with Air India is expected to be completed by mid-2025, and all legal approvals for the transaction are anticipated by the middle of this year, a top executive said on Monday.
Asserting that it is going to be a ‘merger for growth’, Vistara CEO Vinod Kannan said it would look to take the airline’s consumer-focussed services, operational excellence and staff into the merged entity.
In November 2022, the Tata Group announced the merger of Vistara with Air India under a deal wherein Singapore Airlines will also acquire a 25.1 per cent stake in Air India.
