Commentary

Vistara, Air India merger would enable SIA to retain critical foothold in market

SIA and Tata set up Vistara in 2013, and the airline began operations in January 2015. ST PHOTO: ALPHONSUS CHERN
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SINGAPORE - Singapore Airlines (SIA) confirmed on Thursday what has been an open secret in aviation circles - it is in talks with its Indian partner Tata Group over a potential merger of its 49 per cent-owned Indian entity Vistara with Air India.

Tata, which owns 51 per cent of Vistara, is perhaps India's most prominent conglomerate.

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