November 18,2022
According to reports, Tata Sons has begun the process of unifying all of its airlines under the name Air India. All of its airline companies, including Vistara, AirAsia India, and Air India Express, are expected to merge under Air India as a result of this consolidation process.
The Economic Times said that Tata Sons began this procedure following numerous rounds of negotiations with Singapore Airlines (SIA). According to the survey, Air India might overtake United Airlines as the second-largest airline in the nation, especially in terms of fleet size and market share.
Through this merger, Tata Sons will have both a full-service and low-cost airline operating as Air India. After the merger, this would be the only airline brand inside the corporation. Although it is anticipated that these two airline companies would soon start working together commercially, it has been suggested that it may take longer than a year for them to begin operating as one cohesive unit under the same umbrella. The article also mentioned that the Vistara brand might be discontinued and that SIA is anticipated to hold a minority stake in Air India, with a couple of its board members anticipated to join Air India’s board.
Prior to these revisions, Tata’s also finished combining Air India Express and AirAsia India earlier this month. According to the ET report, this was finished after the corporation purchased the remaining stock in the latter.