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Tata merges Air India with Singapore Airlines’ local venture

Singapore Air receives 25.1% stake with $250 million investment

Bloomberg NewsbyBloomberg News
November 29, 2022
in Cargo Airlines
Reading Time: 2 mins read
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Tata Group will merge Air India Ltd. with Vistara, which it jointly holds with Singapore Airlines Ltd., creating a behemoth in one of the world’s fastest-growing aviation markets. The deal will give Singapore Air a 25.1% stake in the merged carrier for an investment of $250 million, according to an exchange filing Tuesday. Both the […]

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Tags: Air IndiaBloombergPremiumSingapore AirlinesVistara
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