Singapore Airlines to investment Rs 3,194.5 crore in Air India post-merger of Vistara
Singapore Airlines is set to make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November.
Singapore Airlines is set to make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November.
An Air India flight from New Delhi to Chicago was on Tuesday diverted to Canada after receiving a bomb threat which was posted online
An Air India flight from Mumbai to New York was diverted to Delhi on Monday following a bomb threat.
An Air India Express flight to Sharjah that took off from Tamil Nadu's Tirchy International Airport at 5.40 p.m. landed back safely after developing a technical snag, an official said on Friday.
National carrier Air India on Wednesday said that flights operated by Vistara will start using the flight code 'AI2' after the merger of the two airlines next month.
Two teams of Delhi Police are on the lookout for Mishra, who is continuously changing his location to evade arrest.
While the Directorate General of Civil Aviation (DGCA) also launched an investigation
While the airliner banned the passenger for 30 days, the maximum it is permitted to do so unilaterally, the matter has been reported to the Directorate General of Civil Aviation (DGCA) for further action.
Vistara shall be merged with Air India post receipt of requisite approvals. As part of the merger transaction, SIA shall also invest Rs 2,059 crore in Air India. Post the consolidation, SIA shall hold 25.1 per cent shareholding in Air India.
"SIA is currently in confidential discussions with Tata to explore a potential transaction in relation to the securities of Vistara and Air India Ltd, a subsidiary of Tata (the 'Potential Transaction'). The discussions seek to deepen the existing partnership between SIA and Tata, and may include a potential integration of Vistara and Air India," said the Singapore airline in a statement on Thursday.
