The merger of Vistara into Air India is poised to secure approval from the Indian government, with Singapore Airlines set to acquire a 25.1% stake in the merged entity. This development marks a significant milestone in the aviation industry, as it represents one of the largest airline mergers in recent years. The final approval is expected soon, pending clearance from the Cabinet regarding the foreign direct investment by Singapore Airlines.
Vistara-Air India merger date: Important update on FDI approval; merger likely by... - Details https://t.co/zrbHhHYTOe
Biggest airline merger in years passes 'significant milestone' https://t.co/SqXzc7VaWT
The final nod for #Vistara’s merger into #AirIndia could come soon when the Cabinet clears the foreign direct investment by #Singapore Airlines (SIA) into AI Read more🔗https://t.co/6PvoyOtk6W https://t.co/n09Rhi3Jsl