In today’s important aviation news, two major airlines operating in India—Vistara and Air India—have agreed to merge their operations. Scroll down to learn more.  

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The merger is expected to be complete by March 2024. As per the reports, Singapore Airlines will get a 25.1% stake in the Air India group as a result of its investment of $250 million in the Indian carrier. 

Also read: Air India, Vistara Launch International Flights

Thanks to this consolidation, the Air India group now possesses the second largest market share (25.9%) in domestic aviation, preceded by IndiGo which commands 56.7% of the traffic. 

Earlier this month, Air India also fully bought out AirAsia India from Malaysia-based AirAsia Aviation Group. The airline stated that it would merge AirAsia India with its low-cost unit, Air India Express. 

For more information, you can refer to this tweet:

SINGAPORE AIRLINES AND TATA SONS TO MERGE AIR INDIA AND VISTARA

SIA TO TAKE 25.1% STAKE IN ENLARGED AIR INDIA GROUP pic.twitter.com/bIVnDm4TUG

— Danny Lee (@AirEVthingTRNSP) November 29, 2022