Air India, Vistara to merge as Singapore Airlines buys 25% stake
New Delhi, 29/11: Tata Group is merging Air India with Vistara, its joint venture with Singapore Airlines (SIA), to create a bigger full-service carrier that will strengthen its presence in domestic and international skies. Autos-to-steel conglomerate Tata will hold 74.9 per cent of the combined entity, while SIA will own the remaining 25.1…
