What Singapore Airlines Said On Air India-Vistara Merger
NDTV
In a statement on Tuesday, Singapore Airlines welcomed the CCI's approval of the merger and said the airline as well as Scoot will follow the commitments.
Singapore Airlines on Tuesday said it aims to complete the merger of Vistara with Air India "as soon as possible" subject to remaining approvals from relevant authorities.
Once the proposed merger, which was approved by the Competition Commission of India (CCI) on September 1, is complete, Singapore Airlines will have a 25.1 percent stake in Air India.
Vistara is a joint venture in which Singapore Airlines has a 49 percent stake, while the rest is with Tatas.
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