Vistara to merge with Air India from Nov. 12
The Hindu Bureau
NEW DELHI 3.08.2024
The sun will set on Vistara on November 12 when the airline will move to the Air India brand with its flights carrying the ‘AI’ flight code instead of its ‘UK’ designator, and flight bookings too, moving to the latter’s web portal thereby completing the merger between the airlines.
Starting September 3, passengers will no longer be able to book tickets with Vistara for travel on or after November 12. Vistara will continue to take bookings and operate flights as usual till November 11.
The merger was announced by Vistara and AI soon after Singapore International Airlines (SIA) said the Indian government approved the plan for foreign direct investment in AI.
SIA, which held a 49% stake in Vistara along with Tata Sons, will now hold 25.1% in the combined entity in return for an investment of ₹2,058.5 crore.
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