Vistara's Final Flight Set For Nov 11, Operations To Merge With Air India From Nov 12

Vistara's Final Flight: Starting September 3, 2024, customers will gradually be unable to book Vistara flights for travel on or after November 12, 2024

Vistara's Final Flight: Vistara is currently a joint venture between Tata Group and Singapore Airlines, while Air India is wholly owned by Tata Group.

Source : PTI

Vistara will conduct its last flight under its brand on November 11, 2024, before fully merging its operations with Air India the following day, November 12, 2024. This development comes after the government approved Singapore Airlines' foreign direct investment (FDI) as part of the Air India-Vistara merger. Vistara is currently a joint venture between Tata Group and Singapore Airlines, while Air India is wholly owned by Tata Group.

Starting September 3, 2024, customers will gradually be unable to book Vistara flights for travel on or after November 12, 2024. After November 11, Vistara's aircraft will be operated by Air India, with bookings for these routes redirected to Air India's website, according to a release from Vistara.

"Vistara will continue to take bookings and operate flights as usual until November 11, 2024," the release stated.

The merger of Vistara with Air India was initially announced in November 2022. In a separate statement, Air India welcomed the Union Cabinet's approval of Singapore Airlines' FDI in the carrier. "This approval marks a significant milestone in the merger process between Vistara and Air India and contributes to the broader transformation of the Air India Group," the statement read.

Singapore Airlines Gets FDI Nod From Centre For Vistara-Air India Merger

On Friday, Singapore Airlines announced that it has received approval from the Indian government for foreign direct investment (FDI) related to the planned merger of Vistara with Air India. This merger will create one of the world's largest airline groups and is expected to be finalised by the end of this year.

As part of the deal, Singapore Airlines will acquire a 25.1% stake in Air India. The merger, originally announced in November 2022, will combine Tata Group-owned Air India with Vistara, a 51:49 joint venture between Tata Group and Singapore Airlines.

In a regulatory filing with the Singapore Stock Exchange, Singapore Airlines (SIA) confirmed the FDI approval, noting that this, along with other necessary anti-trust, merger control, and governmental approvals, marks significant progress towards the completion of the merger.