When Vistara folds up into the Air India Group on Monday, the number of full-service carriers in the fast-growing Indian aviation space will come down to just one from five in a span of over 17 years.
Also, the merger—that will see Vistara's 49 per cent owner Singapore Airlines holding 25.1 per cent stake in Air India post the merger—will mark the sunset of another Indian airline jointly owned by an overseas carrier after the liberalization of foreign direct investment norms.
In 2012, Prime Minister Manmohan Singh-led UPA government allowed foreign airlines to buy up to 49 per cent in a domestic carrier, which later resulted in the now defunct Jet Airways securing 24 per cent stake from Gulf carrier Etihad besides the birth of AirAsia India and Vistara.
この記事は Millennium Post Delhi の New Delhi 11November2024 版に掲載されています。
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この記事は Millennium Post Delhi の New Delhi 11November2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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