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Vistara

Airfare rise

Those who had expected a revived Jet Airways to offer competition to the two other full-service airlines, Air India and Vistara, which are due to merge and will become a powerful monopoly, will have to wait longer.

Tata Group announces merger of Vistara and Air India

Vistara shall be merged with Air India post receipt of requisite approvals. As part of the merger transaction, SIA shall also invest Rs 2,059 crore in Air India. Post the consolidation, SIA shall hold 25.1 per cent shareholding in Air India.