Singapore Airlines' FDI Approved for Air India Merger

Vistara, a decade-old full-service Indian airline, will cease operations on November 11, 2024, as it merges with Tata Group's Air India. The merger, approved by the Indian government, includes a $276 million investment from Singapore Airlines, which will hold a 25.1% stake in the enlarged Air India. Starting September 3, passengers will no longer be able to book Vistara flights for travel beyond November 11, and all existing bookings post this date will be transferred to Air India. The merger aims to streamline operations, offering a larger fleet, wider network, and enhanced travel experience. Both airlines have assured customers of a smooth transition, providing necessary support and consistent communication throughout the process.