DGCA Clears Deck for Tata Group Airlines' Merger Air India, including Vistara, will operate as a full-service carrier, while AI Express, encompassing the other airline, will function as its low-cost arm. By Priyal Dutta 10 Jul 2024 in Airline New Update Now only the nod for foreign investment by partner Singapore Airlines into AI is needed to meet the target of completing the integration by the year-end Listen to this article 0.75x 1x 1.5x 00:00 / 00:00 Follow Us Share On Monday, the Tata Group received approval from the aviation regulator DGCA to merge Vistara into Air India and former AirAsia India into AI Express. The only remaining approval needed to complete the integration by the end of the year is for foreign investment by partner Singapore Airlines into AI. With this, the group has stated that it has "concluded the harmonization of operating procedures across its key functions." Air India, with Vistara merged into it, will operate as a full-service carrier, while AI Express, with the other airline merged into it, will serve as its low-cost arm. STATEMENT BY THE CEO Campbell Wilson, CEO of Air India AI CEO-MD Campbell Wilson stated, “This is an important milestone in the merger of the Tata Group airlines, and we are grateful for the support received from the Ministry of Civil Aviation in terms of timely clearances for the merger process.” Wilson also mentioned that DGCA has guided their teams with a safety-first change management approach, aligning with the safety-first priorities of the Tata Group. Singapore Airlines (SIA) holds a 49 percent stake in Vistara. Following the merger, SIA will have a 25.1 percent stake in Air India The DGAC nod was mandatory as pilots must undergo crossover training when changing between companies or aircraft types. While SIA has a 49 percent stake in Vistara, it will have a 25.1 percent stake in Air India after the merger. #Club Vistara #Vistara #AIRLINES #Air India Group #Airline #air india #air asia #Air India Express #Air India-Vistara Merger #New Air India Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news Subscribe Now Related Articles Latest Stories Read the Next Article