Tata Group Likely To Keep Air India’s Top Management In New Entity After Merger With Vistara: Report

Campbell Wilson is the CEO for Air India, while Nipun Aggarwal holds the position of chief commercial and transformation officer, and Sanjay Sharma is the chief financial officer for the airline

The report further said that Vinod Kannan, CEO, Vistara, is going to potentially return to the carrier’s parent company, Singapore Airlines (SIA). (Image Source: TATA)

Source : Tata Website

The Tata Group is reportedly planning to continue with the top management of Air India (AI) after the carrier merges with Vistara Airlines, media reports said. Currently, Campbell Wilson is the chief executive officer for Air India, while Nipun Aggarwal holds the position of chief commercial and transformation officer, and Sanjay Sharma is the chief financial officer for the airline.

According to a report by The Economic Times, the top executives of Air India will potentially remain in their offices after the Air India-Vistara merger is completed. This will mean that Wilson, Aggarwal, and Sharma will continue their roles in the merged entity, the report noted.

The report further said that Vinod Kannan, CEO, Vistara, is going to potentially return to the carrier’s parent company, Singapore Airlines (SIA). Deepak Rajawat, who holds the chief commercial officer position in Vistara, will also be a part of the new merged company, it added.

Citing a person involved in the process, the report said, “Vistara has been a terrific brand. The team has done a wonderful job, but there is a greater purpose to maintain continuity in a larger entity.”

Notably, earlier in September last year, the Competition Commission of India (CCI) authorised the merger of the two airlines of the Tata Group. The approval for the merger didn’t come easily and remains subject to terms and conditions. Once completed, the deal will make Air India the largest international carrier in the country and the second-largest player in the domestic industry after IndiGo.

The merger application was initially filed by SIA and Tata Sons with the CCI in April last year. The proposed merger said that the process would not affect the competition in the industry in the country. SIA will infuse Rs 2,059 crore in Air India for a share of 25.1 per cent, while Tata Sons will control the remaining majority share of 74.9 per cent in the merged entity.