Singapore Airlines to invest INR 3,194.5 crore in Air India post-Vistara merger with Tata, boosting Indian aviation and strengthening industry partnerships.

Singapore Airlines is gearing up to invest INR 3,194.5 crore in Air India, a move that will follow the anticipated merger of Vistara with the Tata Group-owned national carrier. This investment is set to reinforce Singapore Airlines’ commitment to the Indian aviation sector and expand its partnership with Tata.

Established in 2015, Vistara was launched as a joint venture between Singapore Airlines and Tata Group, with Singapore Airlines holding a 49 percent stake and Tata Group controlling the remaining 51 percent. This merger with Air India represents a new phase for the collaboration, consolidating their resources to strengthen Air India’s operational and financial position.

Following the merger, expected in November 2024, Singapore Airlines will provide an additional INR 3,194.5 crore to support the expansion and growth of the combined airline. This investment signals Singapore Airlines’ confidence in Air India’s future and its potential for growth in one of the world’s most dynamic aviation markets.

In a statement, Singapore Airlines noted that it would continue to assess Air India’s funding needs, with plans for further capital injections based on the airline’s financial requirements and funding options available. This strategic approach will allow the airline to leverage both companies’ strengths, creating a solid foundation for Air India’s ambitious growth plans in the competitive airline industry.

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