Singapore Airlines in talks over Vistara, AI merger
NEW DELHI: Amid strong rumours for a long time, Singapore Airlines (SIA) on Thursday confirmed that it is in “confidential discussions” with the Tata Group to explore a possible merger of Vistara and Air India. “In line with its multi-hub strategy, SIA is currently in confidential discussions with Tata to explore a potential transaction in relation to the securities of Vistara and Air India Ltd, a subsidiary of Tata (the ‘potential transaction’).
