SIA says that the discussions seek to deepen the existing partnership between SIA and Tata, and may include a potential integration of Vistara and Air India.
Singapore Airlines (SIA) has announced that it is in “confidential discussions” with Indian multinational conglomerate Tata to explore a potential transaction relating to Indian airlines Vistara and Air India.
Vistara is a Tata-SIA joint venture, with SIA holding a 49% stake and Tata a 51% stake, while Air India is a Tata subsidiary.
