India’s antitrust body approves Vistara merger with Air India
India’s antitrust agency has approved the merger of Tata SIA Airlines, which owns Vistara, with Air India, while allowing Singapore Airlines to also acquire shares in the newly formed entity, the regulator said Friday in a post on social media platform X.
The Competition Commission of India (CCI) had been examining the deal, announced in November 2022, and had raised concerns about the possibility of the merged entity having a monopoly in the domestic market.
→ Air India unveils its new image
The CCI said its initial review showed that Tata Group’s market share could be more than 50% in at least seven national markets, raising competition concerns, Reuters reported, Reuters reported.
Air India’s merger with Vistara, a joint venture of Tata and Singapore Airlines, will challenge local rival and market leader IndiGo.
Related Topics
LATAM Recognized for Third Time by APEX as Airline with “Best Inflight Entertainment in South America”
Iberia to Offer Record Capacity to Latin America This Summer: 3.35 Million Seats and Up to 366 Weekly Flights
LATAM Resumes Flights Between Bogota and Caracas Starting February 23
LATAM Consolidates Rosario–São Paulo Route: Daily Service Starting in September
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.