Air India Vistara merger progress as Singapore Airlines gets FDI approval, SpiceJet is under DGCA surveillance, IndiGo announcing a new route and upcoming Noida International Airport update on its progress.
Air India Vistara Merger
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.
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
In May 2024, Indian Airlines collectively transported 13.796 million passengers, reported the Directorate General of Civil Aviation (DGCA).
The National Company Law Tribunal (NCLT) has approved the merger of Air India (AI) and Vistara (UK) marking the final step in the process.