Tata Group, Singapore Airlines discuss Vistara and Air India integration
Singapore Airlines on Thursday said it is in a confidential discussion with Tata Group for the potential integration of Vistara and Air India.
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Singapore Airlines on Thursday said it is in a confidential discussion with Tata Group for the potential integration of Vistara and Air India.
Singapore Airlines Ltd (SIA) holds a 49 per cent equity interest in Tata SIA Airlines Limited, which operates an Indian full-service airline known as Vistara.
The discussions are ongoing and no definitive terms have been agreed upon between the parties.
Singapore Airlines (SIA) today said it was in confidential discussions with the Tatas seeking to deepen their existing partnership and which might include a "potential integration of Vistara and Air India".
Singapore Airlines is in confidential discussions with Tatas exploring the possibility of merger of Vistara and Air India."SIA is currently in confidential discussions with Tata to explore a potential transaction in relation to the ...