Journey of Vistara: On 9 January 2015, Vistara started its operations with its maiden flight from Delhi to Mumbai.
Vinod Kannan, Vistara's CEO who was also holding the role of Chief Integration Officer for the full-service airlines’ merger, will continue in the latter role post-merger
Full-service carriers — Air India and Vistara, a joint venture between Tatas and Singapore Airlines — set to be merged on November 11. Post-merger, the routes and schedule operated by Vistara and the Vistara in-flight experience will remain the same
When asked whether pilots are facing uncertainties due to the proposed merger with Air India, Kannan on Friday stressed that the merger is about scale and growth.
Singapore's flagship carrier had announced its plan to merge Vistara and Air India in November 2022, in a bid to create a dominant position as bigger full-service airline in domestic and international skies.
Vistara and Air India, two full-service airlines, are part of the Tata Group. Singapore Airlines (SIA) holds a 49 percent stake in Vistara.
The Competition Commission of India (CCI) has sought more details on the merger of Vistara with Air India that was announced in November last year.
The Competition Commission of India (CCI) has asked for more details with respect to the proposed merger, which was announced in November last year, and approval from the regulator was sought in April this year.
The merging airlines may have to make adjustments while integrating their workforces, with Vistara having relatively younger employees.
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While Vistara will consequently combine with Air India, this merger process will need regulatory approvals and will therefore be completed in March 2024, Kannan said. Till then, Vistara will maintain its independence, he added
Addressing the concerns of over 4,700 employees of the airline, Vinod Kannan said they should "not worry and speculate" about their future.