Singapore Air, Tata Sons Agree To Merge Air India And Vistara, Creating Aviation Behemoth
Singapore Airlines and Tata Sons have agreed to merge Air India and Vistara to create one of the leading airlines in the world’s fastest-growing economy. Under the deal, SIA said will acquire a 25.1% stake in Air India for $250 million. The partners aim to inject fresh capital into Air India, with…
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