With the merger of Vistara and Air India, Tata group is taking another step to consolidate its sprawling airline business into full service and low-cost operation segments. Currently, Vistara and Air India are the...
Aviation
NCLT to hear Jet Airways matter on 6 December
The Mumbai bench of the National Company Law Tribunal (NCLT) on Tuesday adjourned the Jet Airways insolvency matter to 6 December. This came as the parties sought some more time from the tribunal to file their responses...
Colombian airlines Avianca, Viva appeal against merger denial
Colombian airlines Avianca and Viva have appealed to the aviation regulator after it denied their plan to merge, proposing steps to allay its concerns, such as yielding some routes to competitors, the companies said on...
Fairfax stake in Bengaluru Airport not for sale: Prem Watsa
Prem Watsa ruled out sale of stakes in Bangalore International Airport Ltd (BIAL), telling ET he has big plans for it and calling the facility the “best airport in the world.” Its second terminal was...
Tata plans to merge carriers under Air India, nix Vistara brand
Tata Group is considering a plan to integrate its four airline brands under Air India Ltd., people with knowledge of the matter said, as the sprawling company prepares to rebuild its faltering aviation empire. India’s...
Adani eyes stake in Bengaluru airport
Adani Group is evaluating a plan to pick up a stake in Bangalore International Airport Ltd (BIAL), three people aware of the development said. “The Adani Group has been assessing multiple approaches to buy a stake in...
AirAsia sells remaining stake in India biz to AI
AirAsia Bhd sold its remaining 16.33% stake in AirAsia India to Tata-owned Air India. This follows the acquisition of a 32.7% stake by Tata from AirAsia Bhd for ₹276.29 crore in December 2020. The Malaysian group got...
Vistara-Air India merger: Can Maharaja cope with this latest challenge?
Singapore Airlines’ (SIA) recent confirmation that it is in talks with the Tata Group about merging Vistara – its full-service airline venture in India with Tata Sons – into Air India and taking a...
Spirit Airlines shareholders vote in favor of $3.8 bln JetBlue merger
Shareholders of U.S. carrier Spirit Airlines Inc voted in favor of JetBlue Airways Corp’s $3.8 billion takeover offer, moving the companies closer to creating the nation’s fifth-largest carrier. A majority...
Adani Group agrees to acquire Air Works
The Adani Group on Tuesday said that it agreed to acquire Air Works, one of India’s major centres for the maintenance, repair and overhaul (MRO) of aircraft. The Adani Group forayed into the aviation sector in 2019 by...
What does the merger of Vistara and Air India mean for Tata’s aviation biz?
Singapore Airlines confirmed last week that it was in talks with Tata Group about a potential merger of full-service carriers Vistara with Air India. The Singapore national airline owns 49% of Vistara. Tata holds the...
SIA confirms talks with Tata Group on Vistara-Air India merger
Singapore Airlines has confirmed that it is in talks with India’s Tata Group over a potential merger of Vistara airline, a joint venture between the two companies, and Air India — the 100 per cent...
