In December 2022, Air India (AI) unveiled a $400 million initiative to completely revamp its aging Boeing 777 and 787 aircraft, equipping them with state-of-the-art seats and a new in-flight entertainment system.
Air India Vistara Merger news
Air India (AI), owned by the Tata group, and Vistara are aiming to complete their merger by the end of October, thus consolidating their presence in the aviation market.
Air India (AI) has assigned 30 first officers, also known as co-pilots, to assist with A320 aircraft operations for Vistara (UK) amidst its pilot shortage.
Earlier this month, some pilots reportedly took sick leave to protest against the new salary structure proposed to them as part of Vistara’s merger with Air India (AI).
Competition and Consumer Commission of Singapore (CCCS) granted conditional approval on Tuesday to the proposed merger between Air India (AI) and Vistara (UK)
Vistara and Air India pilots are set to adopt a standardized salary framework as the two airlines merge their human resource departments
People familiar with the situation suggest that Tata Sons is not rushing the merger of the Air India (AI) and Vistara (UK) boards.
Tata Group revealed plans for a merger between Air India and Vistara, as well as between Air India Express and AirAsia India.
DELHI- Tata Group-owned Air India (AI) and Vistara (UK) have submitted a merger proposal for approval by their creditors. Creditors are scheduled to vote on this proposal on September 23, as indicated in a notice obtained by ET.
Air India (AI), having recently obtained clearance from the CCI (Competition Commission of India) for its merger with Vistara, is now actively seeking approval from competition authorities in Singapore and various other jurisdictions for the proposed merger.