{"id":28398,"date":"2022-11-30T18:24:28","date_gmt":"2022-11-30T12:54:28","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=28398"},"modified":"2022-11-30T18:24:32","modified_gmt":"2022-11-30T12:54:32","slug":"vistara-ceo-vinod-kannan-tries-to-reassure-employees-concerned-about-the-airlines-merger-with-air-india-exclusive","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/11\/30\/vistara-ceo-vinod-kannan-tries-to-reassure-employees-concerned-about-the-airlines-merger-with-air-india-exclusive\/","title":{"rendered":"Vistara CEO Vinod Kannan Tries To Reassure Employees Concerned About The Airline’s Merger With Air India | Exclusive"},"content":{"rendered":"\n

The CEO of Vistara<\/strong> on Tuesday tried to allay employee worries about their futures following the airline’s proposed merger with Air India.<\/p>\n\n\n\n

Vinod Kannan assured staff members in an email announcing the merger that the efforts they had made to build the airline had “not gone unnoticed” <\/strong>by its shareholders. He also advised them not to worry or speculate about their future.<\/p>\n\n\n\n

\"The<\/figure>\n\n\n\n

Next week, Kannan will also host a town hall meeting with the staff.<\/p>\n\n\n\n

The merger of Air India and Vistara was announced on Tuesday by Tata Sons and Singapore Airlines (SIA)<\/strong>. The Vistara brand will be dropped, and SIA will own a 25.1% stake in the combined company with an equity investment of Rs 2,058.50 crore.<\/p><\/blockquote>\n\n\n\n

Effect on employees<\/h2>\n\n\n\n

Executives at Vistara are concerned about the decision because they don’t know what their position will be in the combined company. Industry insiders claim that many Vistara employees <\/strong>have already started looking for work elsewhere as a result of the uncertainty.<\/p>\n\n\n\n

“In a short period of time, Vistara has been built and established as the award-winning airline of choice in India thanks to the hard work and dedication<\/strong> of all of us. On the operational, financial, and human fronts, this has produced notable results that we are all aware of. <\/p>\n\n\n\n

The shareholders have taken notice of this, according to Kannan’s letter to the staff.<\/p>\n\n\n\n


Since January 2022, Vistara has been led by Kannan, a nominee of Singapore Airlines. It is customary for SIA executives to take the position of CEO of Vistara <\/strong>under the terms of the joint venture between Tata Sons and SIA. With a 10% market share for the first time since its founding nine years ago, Vistara this year overtook Jet Airways a<\/strong>s the second-largest airline in India.<\/p>\n\n\n\n

\"There will undoubtedly be a variety of chances for development, advancement, and growth. \nI therefore implore you to refrain from worrying and making predictions about the future. Regardless of the AOC (air operator certificate<\/strong>) we adhere to, we continue to be an essential part of the aviation footprint of our shareholders, he wrote.<\/pre>\n\n\n\n
An employee of Vistara compared it to years of labour going to waste. “You don’t know which team you’ll be on or what level of authority or decision-making you’ll have. Personally, I find nothing joyous about this announcement,” the person said.<\/p>\n\n\n\n
Since being purchased by the Tata Group from the government, Air India has aggressively recruited for numerous senior positions.<\/p>\n\n\n\n
 Additionally, this has worried senior Vistara executives. What roles are Vistara veterans going to play at Air India if it already has a commercial head, an operations head, and a sales head<\/em>?<\/p><\/blockquote>\n\n\n\n
Bhaskar Bhatt, chairman of Vistara and a seasoned member of Tata Sons, has addressed Vistara employees in a number of town hall meetings to allay their fears.<\/p>\n\n\n\n
\"\"<\/figure>\n\n\n\n
In order to more quickly achieve the size, reach, and quality befitting a world-class airline, the new Air India will be able to leverage the skills, people, systems, and processes that had driven Vistara’s success, according to Air India CEO Campbell Wilson.<\/p>\n\n\n\n
Also read:<\/p>\n\n\n\n
American Airlines and British Airways shifted jointly to New Terminal 8 at JFK Airport<\/a><\/em><\/strong><\/p>\n\n\n\n
Go First Fleet Issue: 25 Aircrafts Grounded, Only 32 Currently Operational | Exclusive<\/a><\/em><\/strong><\/p>\n\n\n\n
Follow us on Google News<\/a><\/strong><\/em> for latest Aviation Updates<\/p>\n\n\n\n
Join us on telegram group<\/a><\/em><\/strong><\/p>\n\n\n\n
Stay tuned…<\/p>\n","protected":false},"excerpt":{"rendered":"
The CEO of Vistara on Tuesday tried to allay employee worries about their futures following the airline’s proposed merger with Air India.<\/p>\n","protected":false},"author":2,"featured_media":28400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[399,6761],"tags":[82,556,419,877,879],"class_list":{"0":"post-28398","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"category-news","9":"tag-air-india","10":"tag-breaking-news","11":"tag-vinod-kannan","12":"tag-vistara-airlines","13":"tag-vistara-ceo"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/28398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=28398"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/28398\/revisions"}],"predecessor-version":[{"id":28401,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/28398\/revisions\/28401"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/28400"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=28398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=28398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=28398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}