Vistara-Air India merger: Singapore Airlines’ India runway promises both profit and potholes

For decades, Singapore Airlines Ltd. has wanted to take pole position in India, tipped to be the world’s third-largest aviation market by the middle of the decade, if not sooner. Now that the opportunity to be a 25% owner of the nation’s largest international and second-largest local carrier has come knocking, Chief Executive Goh Choon Phong is happy to write a $250 million check.