The Competition Commission of India (CCI) on Friday approved the merger between Tata Group’s airlines Vistara and Air India
The merger will help Air India become India’s largest international carrier and the second-largest domestic carrier after IndiGo
Singapore Airlines has 49% stake in Vistara
Rs 2,059 cr investment Singapore Airlines is set to make in the increased share capital of Air India after the merger
25.1% stake Singapore Airlines will then have in the company
74.9% stake will be held by Tata Sons in the newly-formed entity
