Singapore Airlines To Invest Additional Rs 3,195 Crore In Air India Post-Vistara Merger

This is for SIA to get a 25.1% stake in the new entity.

Vistara is the operating name for Tata SIA Airlines Limited, which is a joint venture between Tata Sons and Singapore Airlines. It commenced operations on January 9, 2015.

The investment will be made after the merger's completion and within November 2024, through subscription to new Air India shares, the group said, adding that future capital injections will also be considered based on “Air India’s requirements and available funding options.”

The merger consideration for SIA includes its 49% stake in Vistara along with ₹2,058.5 crore in cash, in exchange for a 25.1% equity interest in the merged entity or the enlarged Air India.