Merger of Tata Airlines… to form a consortium IG News

Preparations are underway to bring all the airlines under Tatasons under one umbrella. Tata Group, which owns Air India, is planning a merger as part of its revival, people said. In this order, Vistara brand will be canceled completely. It is known that Tata Group is currently operating this airline along with Singapore Airlines. To this extent, it is reported that discussions are continuing on the share to be given to SIA in the big company that will be formed after the merger.

No official announcement has been made so far. However, SIA has mentioned in a recent exchange filing that discussions are ongoing to further strengthen its partnership with Tata. Along with Vistara, Tata Sons is also planning to merge Airasia and Airindia Express into Airindia. Air India aims to triple the number of flights in the next five years, company CEO Campbell Wilson said last month. In this order, Airbus and five Boeing big planes have also been ordered. The short-term target is to reach 30 percent share of domestic aviation.

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