Marking a significant consolidation in the fast-growing Indian aviation space, Air India on Tuesday completed the Vistara merger to create an integrated airline, partly owned by Singapore Airlines, that will be flying over 1,20,000 passengers daily and connect more than 90 destinations.
The completion of the much-awaited amalgamation, which was announced in November 2022, comes within six weeks of the integration of Air India Express and AIX Connect. The two mergers have created a full service carrier and a low-cost carrier of scale for the Tata Group, which is seeking to establish a "world class global aviation company with an Indian heart".
Earlier in the day, the nearly 10-year-old Vistara - a joint venture between Tatas and Singapore Airlines - flew into the sunset and its last flight was from Delhi to Singapore.
As part of the merger, Singapore Airlines (SIA) will invest an additional Rs 3,194.5 crore in the enlarged entity.
This story is from the November 13, 2024 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 13, 2024 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
IIM LUCKNOW IDENTIFIES PROCESSES TO BUILD RESILIENT, INCLUSIVE COMMUNITIES
A research study conducted by faculty at IIM Lucknow has highlighted the importance of empowering marginalized communities to overcome entrenched inequalities while preserving their autonomy in the face of external pressures.
AI-DRIVEN CONTENT RISKS INTEGRITY OF EXAMS: JGU
OP Jindal Global University (JGU) is an Institution of Eminence (IoE) and a non-profit global university established by the Government of Haryana, recognised by the University Grants Commission (UGC). The recognition of an institution which upholds social values and national priorities, has been questioned by the student, Kaustubh Shakkarwar (petitioner) before the Punjab and Haryana High Court.
UGC LAUNCHES PHD EXCELLENCE CITATION TO HONOUR TOP RESEARCHERS
WINNERS WILL BE FELICITATED ON TEACHER'S DAY
Watching Dravid, Williamson I realised I have certain gifts I can use to succeed in T20s, says KL Rahul
India batter KL Rahul revealed he \"tried really hard\" to prove big-hitting prowess early in his career but watching the legendary Rahul Dravid and Kane Williamson stay true to their natural game and succeed in white-ball formats changed his perspective and helped him evolve as a player.
Bopanna-Ebden suffer second straight loss, semis hopes all but over at ATP
Rohan Bopanna and his Australian partner Matthew Ebden's hopes of making the semifinals at the ATP Finals 2024 are all but over following their second straight defeat here on Wednesday.
John is °Pe0ple° magazines °2024 Sexiest Man Alive°
He takes the mantle from last year’s honouree Patrick Dempsey
Boman Irani's directorial debut to be screened at IFFI
Actor Boman Irani is set to make a mark behind the camera with his highly anticipated directorial debut, 'The Mehta Boys', which will be screened at the prestigious 55th International Film Festival of India (IFFI).
'Bandish Bandits' S2 returns on Dec 13
It's been directed by Anand Tiwari
Vicky Kaushal to star in Maddock Films’ movie ‘Mahavatar’
The film will feature him as Chiranjeevi Parashurama
ACT hockey: India look to work on finer points against Thailand
Buoyed by back-to-back victories in as many games, hosts India will look to work on the finer points of the game with an aim to thrash minnows Thailand in the women's Asian Champions Trophy here on Thursday.