Air India-Vistara Merger Approved By National Company Law Tribunal

The National Company Law Tribunal’s Chandigarh bench approved the merger of Tata Sons-owned Air India and Vistara airlines, aiming for completion by year-end. This will position Air India as the nation’s largest international carrier and second-largest domestic carrier. Post-merger, SIA will hold a 25.1% stake in Air India, with ongoing efforts to enhance customer experience and modernize the fleet.