Tata's Air India -Vistara Merger

All you need to know about the premier airline merger of Air India and Vistara >>

CCI Approval

The Competition Commission of India approves the merger of Tata's Vistara into Air India with certain conditions.

Air India's Potential

This merger could make Air India the largest international and second-largest domestic airline in India, following IndiGo.

Background

CCI in June had issued a show-cause notice to Air India regarding competition concerns, which has now been resolved.

Tata's Aviation Move

Tata Group, which owns Vistara and Air India, takes a major step in consolidating its aviation business. Singapore Airlines notably holds 49% stake in Vistara.

Deal Details

Singapore Airlines (SIA) to invest Rs 2,059 crore for a 25.1% stake in Air India, while Tata Sons retains a 74.9% stake in the entity.

Market Reshaping

Experts expect the merger to reshape the international aviation market, with Air India potentially gaining a 50% market share in international traffic.