SIA and Tata Sons to Merge With Air India and Vistara

SIA and Tata Sons are in talks to merge their two airline groups, Air India and Vistara.

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The two airlines will combine to form a new Indian mega-airline.

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The Tata group will hold a majority of the shares in the merged airline.

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SIA will acquire a strategic stake. The merger is expected to take place by March 2024.

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The merger will help the Air India group to strengthen its domestic operations, while enhancing its international presence.

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The combined Air India group will also have a stronger position in the Indian LCC market.

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The new combined airline will have a total of 218 widebody aircraft.

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Air India is slated to receive additional planes in the coming years. It will be four or five times larger than Vistara.

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