Tata and Singapore Airlines Seek Endorsement of CCI’s AI-Vistara

The merger notice was jointly filed by four parties: Tata Sons, Singapore Airlines, Air India and Tata SIA Airlines (Vistara). Mergers and acquisitions are subject to competition watchdog approval. The merger of Air India and Vistara is part of a consolidation of airlines under the Tata umbrella. Following the merger, which is likely to be completed in fiscal year 2023-24, the combined entities will retain the Air India brand and the Vistara brand will be discontinued. Singapore Airlines will own 25.1% of the combined airline.

The latest data show that Air India and Vistara have a cumulative domestic market share of just over 25%, making Combine the second largest player in the country’s aviation market after market leader Indigo. Tata Group is already in the process of merging low-cost airline Air India Express with his AIX Connect (formerly AirAsia India). Once both mergers are complete, Tata’s stable will have full-service carrier Air India and low-cost carrier Air India Express.