Competition Commission of India approves Air India-Vistara merger, subject to certain conditions

NEW DELHI: The proposed merger of Air India and Vistara was approved by the Competition Commission of India (CCI) on Friday subject to certain conditions. The development is a major step forward for Tata Group in consolidating its aviation business.

“CCI approves the merger of Tata SIA Airlines into Air India, and acquisition of certain shareholding by Singapore Airlines in Air India subject to compliance of voluntary commitments offered by the parties,” CCI said on X.
Vistara and Air India are full-service carriers that are part of the Tata Group, and Singapore Airlines holds a 49% stake in Vistara.
In November last year, Tata Group announced the merger of Vistara with Air India under a deal wherein Singapore Airlines will also acquire a 25.1% stake in Air India.
The deal will make Air India the country’s largest international carrier and second-largest domestic carrier.