Tata Group to own 75% stake and SIA 25% in the merged entity: Report

The Air India-Vistara merger is expected to be completed within a year after getting all approvals

The proposed merger of Air India-Vistara has reportedly been finalised. The Tata Group will have a 75 per cent stake in the merged entity, as reported by Economic Times (ET). SIA will own the remaining 25 per cent. 

The merger is expected to be completed within a year and may be announced soon, the report added. 

Currently, Tatas and SIA jointly own Vistara Airlines. Tatas have a 51 per cent stake in the airline and 49 per cent of it is owned by SIA. With the merger, the Tata Group wants to establish Air India as an umbrella carrier. 

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