CCI Approves Vistara and Air India Merger; Singapore Airlines to Acquire 25.1% Stake

New Delhi: The Competition Commission of India (CCI) has approved the merger of Vistara Tata SIA Airlines and Air India, as well as the acquisition of a 25.1% stake in Air India by Singapore Airlines.

The merger of Vistara and Air India will create India’s largest airline group, with a combined fleet of over 200 aircraft and a market share of over 25%. The merger is expected to help Tata Group revive Air India, which has been struggling financially for years.

Singapore Airlines’ investment in Air India is a vote of confidence in the airline’s future. The investment will provide Air India with much-needed capital and expertise, which will help it to compete with the likes of IndiGo and SpiceJet.

The merger of Vistara and Air India is a major development in the Indian aviation industry. It is expected to create a more competitive and efficient market, which will benefit consumers.