In a significant move within the Indian aviation sector, Air India announced on Tuesday that it has completed the merger with full-service carrier Vistara. The unified airline will now operate over 5,600 weekly flights, connecting more than 90 destinations. Following the merger, Singapore Airlines will hold a 25.1% stake in the expanded Air India.
“Air India Group has completed the operational integration and legal merger between Air India and Vistara, creating a full-service carrier of scale and marking a significant milestone in the post-privatisation transformation journey,” the airline said.
This comes after the merger of the Group’s low-cost carriers, Air India Express and AIX Connect (formerly AirAsia India), on October 1, 2024.
Air India’s Managing Director and CEO, Campbell Wilson, stated that the merger marks the completion of the consolidation and restructuring phase in the Air India Group’s transformation journey post-privatisation, representing a significant milestone.
“Over the past two years, teams across the four airlines have worked closely together and with other stakeholders to ensure that the transition of people, assets, operations and, most importantly, customers, was as seamless as possible,” he said.
(With PTI inputs)