The highly anticipated merger between Vistara and Air India is set to be finalized on November 12, 2024, following a major development last Friday when Singapore Airlines (SIA) announced that it had received approval from the Indian government for foreign direct investment (FDI) as part of the merger process.
Starting from September 3, 2024, customers will no longer be able to book Vistara flights for travel on or after November 12, 2024, as all Vistara aircraft will operate under the Air India brand. Bookings for these routes will be redirected to Air India’s website, although Vistara will maintain normal flight operations until November 11, 2024.
Both airlines have committed to providing clear communication and support to customers during the transition, with detailed FAQs available on Vistara’s website to help guide passengers through the change.
Vinod Kannan, CEO of Vistara, emphasized that the merger will provide customers with a greater range of options, a larger fleet, and an enhanced travel experience. “The integration is not just about merging fleets but also about merging values and commitments to providing the best service to our customers,” Kannan stated.
Similarly, Air India’s CEO, Campbell Wilson, highlighted the collaborative efforts to ensure a seamless integration of services, staff, and customer care. “Our teams are working closely to ensure that the transition is smooth and that our customers experience no disruption in service,” Wilson remarked.
Announced in November 2022, this merger will form one of the largest airline groups in the world, combining the strengths of two significant players in the aviation industry. The union is seen as a strategic move to strengthen Air India’s standing in the global aviation market by offering a more extensive network and improved service offerings.
With the Indian government’s approval, Singapore Airlines will acquire a 25.1 percent stake in the newly expanded Air India, which is owned by Tata Group. Vistara, currently a 51:49 joint venture between Tata Group and Singapore Airlines, will be integrated into Air India, solidifying the merger by the end of this year.
In a regulatory filing on Friday to the Singapore Stock Exchange, Singapore Airlines stated, “The FDI approval, along with anti-trust and merger control clearances and approvals, as well as other governmental and regulatory approvals received to date, represent a significant step towards the completion of the proposed merger.”
This merger is expected to transform the aviation landscape in India, positioning Air India as a formidable competitor both domestically and internationally. Customers of both airlines can look forward to an expanded range of services, better connectivity, and a unified loyalty program, all aimed at enhancing the overall travel experience.
As the merger moves forward, both airlines will provide updates on travel-related services through their websites, social media platforms, and email, ensuring customers remain informed and supported throughout the transition.
The newly combined entity is likely to focus on leveraging synergies to optimize operations, reduce costs, and offer competitive pricing, further solidifying its position in a highly competitive market.
