Indian airline Vistara said on August 30 that it has merged with the country's flagship airline Indian airline, and its flight will be operated by Indian airlines from November 12.Simla Wealth Management
According to Indian media reports, all Vistara aircraft will be operated by Indian airlines since then, and the reservation of these aircraft operations will be redirected to the website of Indian airlines.Vistara stated in a statement that from September 3, customers could not book travel through Vistara on November 12 or after Vistara."If you have booked a ticket on Vistara, but your journey is after November 11, 2024, after November 12, 2024, your flight will be operated by Indian aviation,"Varanasi Wealth Management
Not long before, Singapore Airlines had 49%of Vistara's shares in the joint venture with India Tata Group, shared the latest situation of the merger, and informed in a press statement that the Indian government has approved its foreign foreign foreign countriesDirect investment.
On June 6, the National Company Law Court approved the merger in one order and allowed 9 months to dissolve Vistara.
TATA SONS PVT. LTD. 73.38%of the company's shares will be held after the merger, and Singapore Airlines holds 25.1%of the shares.Varanasi Stock
India is one of the fastest growing major aviation markets in the world.Global Airlines is expanding flights to the country. Indian airlines have ordered hundreds of new aircraft last year, a record high.
Singapore Airlines is the only foreign airline that directly holds Indian airline shares, and will hold 25.1%of the Hindu Airlines consolidated group in exchange for $ 250 million investment.
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