{"id":529469,"date":"2022-10-14T09:29:50","date_gmt":"2022-10-14T03:59:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=529469"},"modified":"2022-10-14T09:56:03","modified_gmt":"2022-10-14T04:26:03","slug":"sia-in-talks-with-tata-group-for-possible-merger-of-vistara-air-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sia-in-talks-with-tata-group-for-possible-merger-of-vistara-air-india\/","title":{"rendered":"SIA in talks with Tata group for possible merger of Vistara, Air India"},"content":{"rendered":"<p>Singapore Airlines on Thursday said it is in &#8220;confidential discussions&#8221; with Tata group to explore possible merger of Vistara and Air India.<\/p>\n<p>This is the first time that Singapore Airlines (SIA), which holds 49 per cent stake in Vistara, has officially acknowledged that it is in talks with Tata group on the possibility of merging the two airlines.<\/p>\n<p>Tata group owns 51 per cent stake in Vistara and is also the owner of Air India and Air India Express. The group also has 83.67 per cent shareholding in domestic carrier AirAsia India.<\/p>\n<p>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, according to a regulatory filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore Airlines on Thursday said it is in &#8220;confidential discussions&#8221; with Tata group to explore possible merger of Vistara and Air India. This is the first time that Singapore Airlines (SIA), which holds 49 per cent stake in Vistara, has officially acknowledged that it is in talks with Tata group on the possibility of merging the two airlines. Tata group owns 51 per cent stake in Vistara and is also the owner of Air India and Air India Express. The group also has 83.67 per cent shareholding in domestic carrier AirAsia India. In line with its multi-hub strategy, SIA is [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-529469","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/529469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=529469"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/529469\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=529469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=529469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=529469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}