New Delhi: The Singapore Airlines Board has approved the merger between Air India and Vistara. The merger will be completed by 2024.
With this, Air India will become India’s largest international carrier and second largest domestic carrier with 218 aircraft.
There are reports that Singapore Airlines will invest 250 million dollars in India as part of the merger. With this, Singapore Airlines will have 25.1% stake in Air India. Vistara was founded in 2013.
