Vistara Airlines (UK) is merging with Air India (AI) as it gets clearance from the cabinet to allow foreign direct investment (FDI) of Singapore Airlines (SQ) in the Tata-owned Air India Group.
Air India Vistara Merger news
Director General of Civil Aviation (DGCA) has approved the integration of Air India (AI) and Vistara Airlines’ (UK) aircraft line maintenance operations.
Air India to integrate Vistara (UK) under its brand, CEO Vinod Kannan is likely to head back to its former employer, Singapore Airlines
The National Company Law Tribunal (NCLT) has approved the merger of Air India (AI) and Vistara (UK) marking the final step in the process.
As the merger between Air India (AI) and Vistara (UK) begins, they have announced that Club Vistara, Vistara’s frequent flyer program, will soon merge with Air India’s Flying Returns program.
Tata-owned Air India (AI) has taken delivery of the sixth Airbus A350, registered as VT-JRI Today (May 14, 2024).
Vistara CEO Vinod Kannan disclosed on Friday that despite a reduced schedule aimed at enhancing operational resilience and flexibility, the airline managed to operate 12%–15% more flights during the April–May period compared to the same period last year.
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 (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.