{"id":539529,"date":"2022-11-30T12:00:37","date_gmt":"2022-11-30T06:30:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539529"},"modified":"2022-11-30T12:00:37","modified_gmt":"2022-11-30T06:30:37","slug":"tatas-singapore-airlines-agree-to-merge-vistara-into-air-india-by-march-2024-25-1-stake-for-sia-in-new-ai","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tatas-singapore-airlines-agree-to-merge-vistara-into-air-india-by-march-2024-25-1-stake-for-sia-in-new-ai\/","title":{"rendered":"Tatas &amp; Singapore Airlines agree to merge Vistara into Air India by March 2024; 25.1% stake for SIA in &#8216;new AI&#8217;"},"content":{"rendered":"<p>NEW DELHI: Tata Sons and Singapore Airlines (SIA) on Tuesday announced that they will merge Vistara into Air India, with a target to complete the process by March 2024 subject to regulatory approvals.<\/p>\n<p>Once that happens, Tata Sons will hold 74.9% stake in the AI-Vistara-AI Express-AirAsia India Pvt Ltd (AAIPL) combined entity and SIA the remaining 25.1% stake.<\/p>\n<p>SIA will invest $250 million as soon as this integration is complete, valuing the new Air India at about $1 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Tata Sons and Singapore Airlines (SIA) on Tuesday announced that they will merge Vistara into Air India, with a target to complete the process by March 2024 subject to regulatory approvals. Once that happens, Tata Sons will hold 74.9% stake in the AI-Vistara-AI Express-AirAsia India Pvt Ltd (AAIPL) combined entity and SIA the remaining 25.1% stake. SIA will invest $250 million as soon as this integration is complete, valuing the new Air India at about $1 billion.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-539529","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539529","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=539529"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539529\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}