Singapore Airlines to Invest Rs 3,195 Crore in Air India Following Vistara Merger
Singapore Airlines (SIA) will make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India after Vistara’s merger, scheduled for completion on November 11, 2024. Announced on November 29, 2022, this merger signifies a major consolidation in India’s rapidly expanding aviation sector and will give Singapore Airlines a 25.1% stake in the expanded…