Vistara To Merge With Air India After SIA-Tata Deal

India
Credit: Debajyoti Chakraborty/Alamy Stock Photo
Singapore Airlines (SIA) and the Tata Group have confirmed they will merge joint venture Vistara into Air India, and as part of the deal SIA will take a 25.1% stake in Air India. As well as contributing its share of Vistara, SIA will invest $250 million into the expanded Air India. The partners...

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