Air India Vistara Merger: The long-running merger process between Vistara Airlines and Air India is expected to be finalized on November 12. The government has approved foreign direct investment (FDI) from Singapore Airlines in the form of Air India-Vistara merger.
According to the update, Vistara Airlines will last operate flights under its brand on November 11. That is, Vistara flights will not be operated on any route from November 12, 2024.
Let us tell you that Vistara is a joint venture of Tata Group and Singapore Airlines. Air India is owned by Tata Group. According to a press note issued by Vistara on Friday, ‘From September 3, 2024, customers will not be able to book Vistara flights for travel on or after November 12, 2024.’ After this, Vistara flights will be completely operated by Air India and bookings for routes operated by these aircraft will be redirected to the Air India website.
Having a bigger fleet will give a better travel experience.
Flight bookings will be redirected to the Air India website. However, Vistara will continue to operate aircraft normally till November 11, 2024. Vistara CEO Vinod Kannan said that after the merger, customers will have more options. Also, having a bigger fleet will give a better travel experience. Meanwhile, Air India CEO Campbell Wilson also gave information about ensuring seamless integration of service, employees and customer care.
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The merger was announced in November 2022.
He said, our teams are working together to fix the transition period smoothly and care will be taken to ensure that our customers do not face any kind of problem. Information about the merger was first revealed in November 2022. After this merger, one of the largest airline groups in the world will be formed. The coming together of two big players of the airline industry will give new strength to the industry.
In a separate press note, Air India welcomed the Union Cabinet’s approval for foreign direct investment (FDI) by Singapore Airlines in the airline. It said, “This is a significant milestone that facilitates the merger process between Vistara and Air India and the comprehensive transformation of the Air India Group.”
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