The Indian government has approved Singapore Airlines’ investment in the Air India Group.
As part of the merger between Air India and Vistara, Singapore Airlines will hold a 25.1% stake. The merger is expected to be completed by the end of the year.
After the merger, the group will become an airline group that has both a full-service airline covering international and domestic flights and a low-cost carrier (LCC). This is said to strengthen Singapore Airlines’ multi-hub strategy.
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This article was generated using automatic translation by GPT-4 API. The translation may not be accurate.
