{"id":591565,"date":"2023-07-18T09:36:46","date_gmt":"2023-07-18T04:06:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=591565"},"modified":"2023-07-18T10:10:33","modified_gmt":"2023-07-18T04:40:33","slug":"merger-with-air-india-on-track-regulatory-nod-by-april-2024-vistara-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/merger-with-air-india-on-track-regulatory-nod-by-april-2024-vistara-ceo\/","title":{"rendered":"Merger with Air India on track, regulatory nod by April 2024: Vistara CEO"},"content":{"rendered":"<p>The merger between Vistara and Air India is on track and the airline expects to receive all regulatory approvals by April &#8217;24, said Vinod Kannan, CEO at Vistara on Monday.<\/p>\n<p>&#8220;We (the airline) are on track to receive regulatory approvals from Competition Commission of India (CCI), National Company Law Tribunal (NCLT), among others,&#8221; Kannan added.<\/p>\n<p>The airline recorded its first ever operating profit in Q3 of FY23. &#8220;The airline has sufficient capital cashflow and there is no requirement for further capital injection,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The merger between Vistara and Air India is on track and the airline expects to receive all regulatory approvals by April &#8217;24, said Vinod Kannan, CEO at Vistara on Monday. &#8220;We (the airline) are on track to receive regulatory approvals from Competition Commission of India (CCI), National Company Law Tribunal (NCLT), among others,&#8221; Kannan added. The airline recorded its first ever operating profit in Q3 of FY23. &#8220;The airline has sufficient capital cashflow and there is no requirement for further capital injection,&#8221; he added.<\/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-591565","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\/591565","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=591565"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/591565\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=591565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=591565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=591565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}