Vistara to coexist with Air India, merger talks on hold: Bhaskar Bhat, Tata SIA Airlines
The Tata Group aims to turn Air India around without hurting the operations of Vistara and any talk of an eventual merger of the carriers is premature.
“Vistara will continue to focus on good customer experiences and to say anything beyond that will be speculation. “To say anything beyond that will be speculation. Should Air India and Vistara merge is not an answer I can give. Merger is a strategic subject and best resolved between JV partners” said Bhaskar Bhat, chairman of Tata SIA Airlines, which owns Vistara.
Tata formally took over Air India last week, completing the privatisation process. Tata owns 51% of Vistara and Singapore Airlines (SIA) holds the rest.
