Vistara to End Operations on Nov 11, Merging with Air India
By Rediff Money Desk, New Delhi Aug 30, 2024 11:49
Vistara will operate its last flight on November 11, after which the airline will merge with Air India. The merger follows government approval for Singapore Airlines' FDI in Air India.
New Delhi/ Mumbai, Aug 30 (PTI) Vistara will operate the last flight under its brand on November 11 and the full service carrier's operations will be unified with Air India from November 12, 2024.
The government has given its nod for the foreign direct investment by Singapore Airlines as part of the Air India-Vistara merger.
Vistara is a joint venture between Tata Group and Singapore Airlines.
Air India is owned by the Tata Group.
"Starting 03 September 2024, customers will, progressively, no longer be able to make bookings with Vistara for travel on or after 12 November 2024," Vistara said in a release on Friday.
Thereafter, Vistara aircraft will be operated by Air India and bookings for the routes operated by these planes will be redirected to Air India's website.
"Vistara will continue to take bookings and operate flights as usual till 11 November 2024," the release said.
The proposed merger of Vistara with Air India was announced in November 2022.
In a separate release, Air India welcomed the Union Cabinet's approval for the foreign direct investment by Singapore Airlines in the airline.
"This is an important milestone that facilitates the merger process between Vistara and Air India, and the broader transformation of the Air India Group," it said.
The government has given its nod for the foreign direct investment by Singapore Airlines as part of the Air India-Vistara merger.
Vistara is a joint venture between Tata Group and Singapore Airlines.
Air India is owned by the Tata Group.
"Starting 03 September 2024, customers will, progressively, no longer be able to make bookings with Vistara for travel on or after 12 November 2024," Vistara said in a release on Friday.
Thereafter, Vistara aircraft will be operated by Air India and bookings for the routes operated by these planes will be redirected to Air India's website.
"Vistara will continue to take bookings and operate flights as usual till 11 November 2024," the release said.
The proposed merger of Vistara with Air India was announced in November 2022.
In a separate release, Air India welcomed the Union Cabinet's approval for the foreign direct investment by Singapore Airlines in the airline.
"This is an important milestone that facilitates the merger process between Vistara and Air India, and the broader transformation of the Air India Group," it said.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.50 (+ 3.60)
- 98491250
- GTL Infrastructure
- 2.32 (+ 4.98)
- 74918021
- Advik Capital
- 3.25 (+ 7.97)
- 34086998
- Jaiprakash Power Ven
- 20.03 (+ 8.45)
- 26873790
- Spicejet Ltd.
- 62.80 (+ 9.10)
- 26113604
MORE NEWS
Tata Technologies & BMW JV for Automotive...
Tata Technologies and BMW Group launch joint venture, BMW TechWorks India, to innovate...
PepsiCo India Revenue Growth: Double-Digit Q3 Rise
PepsiCo reports double-digit organic revenue growth in India for Q3 2024, driven by...
Employment Verification Discrepancies Spike:...
AuthBridge report reveals a significant increase in employment verification...