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Tata plans to merge carriers under Air India, nix Vistara brand
Tata Group is considering a plan to integrate its four airline brands under Air India Ltd., people with knowledge of the matter said, as the sprawling company prepares to rebuild its faltering aviation empire. India’s largest conglomerate is also considering scrapping the Vistara brand, which is Singapore Airlines Ltd.’s local affiliate in the South Asian nation, the people said, declining to be identified because the discussions are private. Air India is gearing up for a revamp under its new owner Tata. Tata was selected as the winning bidder for Air India in October last year after beating rival suitors with a $2.4 billion offer. That consolidation will likely happen by the end of 2023. Source - Mint #tata #airindia #vistara
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