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Singapore Airlines and Tata Sons hail "new era" after merger signed off
November 19th 2024
SIA Group CEO, Goh Choon Phong, and Tata Sons chair, Natarajan Chandrasekaran, heralded “a new era" in their partnership following the successful merger of Air India and Vistara formalised earlier this week. Read More » SIA, which owned 49% of Vistara pre-merger, now holds equity of 25.1% in a rejuvenated Air India. “This merger marks a pivotal moment for Indian aviation,” said Goh. “Working with our valued, long-standing partner Tata Sons, the SIA Group will support the ongoing transformation of the enlarged Air India Group, offering our stewardship and expertise where possible. We are focused on helping to restore Air India to its leading position in the Indian aviation market and creating an airline group everyone in India can be proud of.” Chandrasekaran said the bringing together of Air India and Vistara was an important milestone in the Tata Sons commitment to transform Air India into a world-class global airline. “Singapore Airlines continues to be our strategic partner in our aviation journey and we welcome them to Air India,” Chandrasekaran said.
