The airline Vistara is to be merged with Air India shortly. The brand will disappear from the skies as the combined company will appear unified as Air India. Company boss Campbell Wilson justifies this step with the higher awareness of the latter airline.
The manager also told the Press Trust of India agency that another $268,5 million will be invested in the merged company. Tata Sons recently took over Air India, including some of its subsidiaries. We are working intensively on standardizing and modernizing the group.
It has been known for some time that Vistara and Air India will merge. The two companies only officially announced last week that the merger process had been initiated. Formal approvals have been requested from the competition authorities. It is currently assumed that the merger will be completed by March 2024. Air India Express and Air Asia India, which is now officially called AIX Connect, will also be merged.
In the future, Air India – including Vistara – will appear as a full-service brand. As Air India Express - including Air Asia India - you want to continue to be active as a low-cost airline. The Air India/Vistara merger also means that Singapore Airlines will have a 25,1 percent stake in the joint company. In this context, about 268,5 million US dollars will be invested.