Vistara Airlines merged with Air India

• The Competition Commission of India (CCI) approved the merger of Vistara and Air India.

• Vistara will merge with Air India. CCI has also allowed Singapore Airlines to acquire 25.1% stake in Air India.

• With this approval from CCI, AIR India has completed a significant regulatory process towards becoming a single company consisting of four airlines.

• These four airlines include AirAsia India, Air India Express and Vistara.

• Singapore Airlines co-owns Vistara with Tata Sons. It will get 25.1% stake in Air India.

• Vistara will be integrated with Air India. AirAsia India will be merged with Air India Express.

• The merger of Air India Express and AirAsia India will be completed by March 2024.