Page 9 - Vistara

What challenges could emerge from the Air India-Vistara merger?

India's second largest airline, Vistara, is being merged with Tata-owned Air India. Apart from the opportunities, what challenges will this merger pose for the airlines? Find out what the experts say

Tata group, Singapore Airlines finalise merger of Air India and Vistara

Combined entity will become India's largest international and second largest domestic carrier

Vistara merger will bolster Air India's transformation effort: CEO Wilson

Air India chief Campbell Wilson on Tuesday said that Vistara's success will strengthen Air India's transformation programme and also help in quickly attaining the size befitting a global carrier. After the announcement of the decision to merge Vistara with Air India, Vistara CEO said it will be business as usual for all its stakeholders during the integration process that will take some time. Subject to regulatory approvals, the merger is expected to be completed by March 2024. In a statement, Campbell said Vistara has achieved much over the last eight years. "The skills, people, systems and processes that have driven Vistara's success will complement, strengthen and accelerate Air India's Vihaan.AI transformation programme," the CEO and MD of Air India said. Further, he said the merger will enable the new Air India to more quickly attain the size, reach and quality befitting of a world class airline proudly representing India around the globe. Tata group took over the loss-makin

Tata Group announces Air India merger with Vistara; SIA to get 25% stake

Singapore Airlines on Tuesday said Vistara will be merged with Tata group-owned Air India. Tata group owns a 51 per cent stake in Vistara, and the remaining 49 per cent shareholding is with Singapore Airlines (SIA). As part of the transaction, SIA will also invest Rs 2,058.5 crore in Air India. "This would give SIA a 25.1 per cent stake in an enlarged Air India group with a significant presence in all key market segments. SIA and Tata aim to complete the merger by March 2024, subject to regulatory approvals," SIA said in a release.

Top headlines: Tata plans to scrap Vistara, Amazon layoff to extend to 2023

Business Standard brings you the top headlines at this hour

Year-end fares go through the roof as airlines fly on low capacity

More than 75 planes are grounded; Goa to see 11% fewer flights in December

Tata Group plans to merge carriers under Air India, scrap Vistara brand

Tata is considering scrapping Vistara brand, Singapore Airlines Ltd's local affiliate in South Asian nation; Singapore Airlines is evaluating the size of stake it should take in the combined entity

Tata Sons start process to bring all its airlines under one roof: Report

The expected merger is set to happen within a month of the Tata group completing the consolidation of Air India Express and AirAsia India

Air India Express to lease 2 Boeing 737 airplanes from Vistara: Report

Budget airline Air India Express is looking to lease two Boeing 737 aircraft from full-service carrier Vistara to offer more flights during the winter schedule, according to a source. Both Air India Express and Vistara are part of the Tata group, which also has Air India and AirAsia India under its wings. The source close to the development said the two narrow-body planes are expected to be inducted into the Air India Express fleet on a short-term lease in November and December, respectively. The move is part of consolidating as well as tapping the synergies in the group's airline business. Also, the leasing of the planes will help Air India Express to operate more flights during the winter schedule, which starts from October 30, the source said. When contacted, a Vistara spokesperson said, "we cannot comment on speculations". Air India Express spokesperson was not available for comments. "Air India Express has not inducted any new planes in its fleet for a long time. Though the

Top Headlines: RBI's liquidity infusion; Google fined Rs 936 crore by CCI

Walmart Inc-backed Flipkart is considering raising $2 billion to $3 billion at a valuation of more than $40 billion to expand its product range in India and challenge rivals

DGCA lifts 50% cap restrictions on SpiceJet, to operate with full capacity

Scheduled airlines will operate 21,941 flights on domestic routes every week in the winter schedule starting from October 30

TMS Ep282: Tata's aviation, Q&A with Ashima Goyal, SME IPOs, lock-in period

What does the merger of Vistara and Air India mean for Tatas? What is RBI MPC member Ashima Goyal's take on rate hikes? Should you be wary of SME IPOs? What is lock-in period? Answers here

What does the merger of Vistara and Air India mean for Tata's aviation biz?

Singapore Airlines and Tata group are in talks, exploring viability of merging Vistara and Air India. If materialised, what will this merger mean for Tata's aviation ambition? Let's dwell into details

Federation of Indian Airlines withdraws petitions against AirAsia, Vistara

The Delhi High Court on Friday allowed the withdrawal of the two petitions ending eight year old litigation between FIA and Tata-group owned airlines

Vistara ramps up ops, announces connectivity between Pune and Singapore

Vistara airline on Friday announced the addition of a new route to its international network with four weekly flights between Pune and Singapore, starting December

Singapore Airlines confirms Vistara-Air India merger discussions

SIA, however, has cautioned its investors that there is no certainty of a deal

SIA in talks with Tata group for possible merger of Vistara, Air India

SIA owns 49% of Vistara in JV with Tata Group; Vistara could be merged into Air India, which is headed by former SIA executive

Aircraft leasing at GIFT city won't flourish unless banks step up: Vistara

Indian banks underwent immense pain in the past decade because of the Indian aviation sector

Air India's future market share depends on aviation sector's probabilities

Its aim for a third of the domestic market by 2027 is contingent on a host of factors, many of them outside its control

Tata Sons to offer stakes in Vistara to Singapore Airlines: Report

After the merger of Vistara and Air India, AI will become India's largest airline behind IndiGo