New Delhi: In a major development, full-service carrier Vistara is going to shut its operations after November 11, following the parent firm Tata group’s decision to merge the airline with Air India. The move is part of the Tata group’s efforts to consolidate its all airline businesses under the ‘Air India’ brand.
“We are merging with Air India. As we move along the merger, we inform you that starting 3 September 2024, flights will progressively not be available for bookings for travel beyond 11 November 2024 23:59 hours. All flights thereafter will be operated by Air India and can be booked via the Air India website or mobile app: Vistara,” Vistara said in a statement.
Air India and Vistara together have more than 23,500 employees.
The central government has cleared the last roadblock to national carrier Air India Ltd’s merger with smaller rival Vistara, approving a S$360 million ($276 million) investment by Singapore Airlines Ltd. into the new combined carrier. The FDI nod paves the way for Singapore Airlines’ investment worth S$360 million ($276 million) into the new combined carrier.
August 2024: Govt Approves Singapore Airlines’ Investment
• The Centre clears the last roadblock to national carrier Air India Ltd’s merger with smaller rival Vistara, approving a S$360 million ($276 million) investment by Singapore Airlines Ltd. into the new combined carrier.
• The FDI nod paves the way for Singapore Airlines’ investment worth S$360 million ($276 million) into the new combined carrier.
• Vistara announces its last flight for November 11, and stops booking after September 3.
All customers who have already booked with Vistara for travel November 12, 2024, onwards will have their tickets transferred to Air India, Vistara said in the statement.
(Source: NEWS18)
