‘Vistata’: CCI gives conditional nod for FSC merger for mega AI

The Competition Commission of India (CCI) has approved the merger of Vistara into Air India. The Tata Group plans to create a full-service carrier by merging Vistara and AI, and a low-cost carrier by merging AirAsia India into AI Express. Singapore Airlines, which owns 49% of Vistara, will have a 25.1% stake in the new Air India.
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