Deal to create India’s second largest airline: SIA, Tatas talk AI-Vistara merger

After dithering for long, Singapore Airlines (SIA) has agreed in-principle to the proposal of getting on board Air India with the Tata Group. SIA said on Thursday that it is exploring a potential merger of Vistara Airline with Tata Group’s Air India. Tata Group has a 51% stake in Vistara, while SIA holds the balance 49%.