February 07, 2023 13:21 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
S Jaishankar discusses bilateral ties, trade pact with Canadian counterpart Melanie Joly | Mallikarjun Kharge, Rahul Gandhi express grief over deaths due to earthquake in Turkey, Syria | At least 2,300 killed as 3 powerful earthquakes hit Turkey, Syria | PM Narendra Modi to inaugurate India Energy Week 2023 tomorrow | Assam: G20 delegates visits Kaziranga National Park
Tata Group, Singapore Airlines in talks to merge Air India and Vistara AirIndia-Vistara merger

Tata Group, Singapore Airlines in talks to merge Air India and Vistara

India Blooms News Service | @indiablooms | 13 Oct 2022, 05:46 pm

Singapore Airlines Ltd and Tata Group are in confidential discussions over a likely deal that may involve the integration of Vistara and Air India, Reuters reported.

Tata Group owns a 51 percent stake in Vistara Airlines while the remaining 49 percent is held by Singapore Airlines.

"The discussions seek to deepen the existing partnership between SIA and Tata, and may include a potential integration of Vistara and Air India," Singapore Airlines said in a statement, the report stated.

The discussions are underway and no definitive terms have been agreed upon as yet, it added.