Air India-Vistara merger: Full-service carrier to be known as 'Air India'

Updated : Mar 01, 2023 14:30
|
Editorji News Desk

Months after Tata Group announced Air India's merger with Vistara, Air India chief Campbell Wilson on Monday said the full-service carrier post the merger of Vistara will be known as Air India which is much more recognised outside the country. 

While the resultant full-service carrier will be known as Air India, Wilson emphasised that efforts will be made to retain some of the "Vistara heritage in that new manifestation".

On November 29 last year, Tata Group announced the merger of Vistara with Air India under a deal wherein Singapore Airlines will also acquire a 25.1 per cent stake in Air India.

The deal, which will make Air India the country's largest international carrier and second-largest domestic carrier, is expected to be completed by March 2024, subject to regulatory approvals.

VistaraAir IndiaVistara Airlines

Recommended For You

editorji | Business

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

editorji | Business

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

editorji | Business

GST rates likely unchanged as 57th Council meeting focuses on reforms

editorji | Business

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

editorji | Business

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery