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Singapore Airlines to Invest INR 3,194.5 Crore in Tata's Merged Air India and Vistara Entity
SIA will contribute its 49 per cent stake in Vistara, as well as INR 2,058.5 crore in cash, to secure a 25.1 per cent equity share in the merged airline.
Tatas dreams: AI-Vistara merger becomes reality; SIA to invest addl Rs 3,195 cr in integrated entity
Marking a significant consolidation in the fast-growing Indian aviation space, Air India on Tuesday completed the Vistara merger to create an integrated airline, partly owned by Singapore Airlines, that will be flying over 1,
Vistara Airlines to fly its last flight today before merger with Air India
Vistara's final flight as an independent airline takes off tonight, marking the completion of its merger with Air India. From tomorrow, Vistara’s operations will be fully integrated into Air India, as Tata’s aviation footprint expands with this strategic consolidation.
Singapore Airlines to invest ₹3,194.5 crore more into Air India after Vistara merger for 25.1% stake
Singapore Airlines will invest an additional ₹3,194.5 crore into the newly merged entity comprising of Vistara and the Tata-owned Air India for a 25.1% stake
Singapore Airlines To Infuse Rs 3,195 Crore In Air India After Vistara Merger
Singapore Airlines is set to invest additional funds of Rs 3,194.5 crore in Air India after the merger of Vistara in November. The carrier will infuse the amount in the Tata Group-owned airline. The merger will be completed on November 11,
Singapore Airlines to invest additional Rs 3,195 crore in Air India after Vistara merger this month
The merger, which was announced on November 29, 2022, and is expected to be finalised by November 11, 2024, will give Singapore Airlines a 25.1 percent stake in the expanded Air India.
5h
SIA Engineering's (SGX:S59) Earnings Seem To Be Promising
The market seemed underwhelmed by last week's earnings announcement from SIA Engineering Company Limited ( SGX:S59) despite ...
Daily Excelsior
4h
SIA conducts raid in Budgam
Srinagar, Nov 12: The State Investigation Agency (
SIA
) today conducted a raid at a residential house in Budgam district of ...
Business Insider
8h
SIA Engineering Eyes Expansion with Chinese Partnership
SIA
Engineering Co (SG:S59) has released an update.
SIA
Engineering Company has entered into a Framework Agreement with Xiamen Iport Group to potentially invest in Arport Aircraft Maintenance & ...
Malaysiakini
38m
M'sia now stable, rural Malays warming to Madani govt - PM tells CNN
In a recent interview with CNN ’s Richard Quest, Anwar pointed out the shift in public support, particularly from rural Malay ...
Singapore Business Review
6h
SIA Engineering signs agreement with Xiamen Iport to explore investment in Arport AME
SIA Engineering Company Limited (SIAEC) signed a Framework Agreement with Xiamen Iport Group (IPORT Group) to explore its ...
Channel NewsAsia Singapore
1d
SIA half-year net profit slumps 48.5% to $742m amid competitive operating landscape
Singapore Airlines said deepening collaborations is crucial to its ability to tap high-growth markets. The national carrier ...
1d
SIA to continue expanding capacity even as rising competition squeezes margins
The national carrier expects passenger yields to continue moderating as rivals mount more flights. Read more at straitstimes.com.
Malaysiakini
3h
M'sia to review aid mechanism for injured Palestinians - PM
Malaysia will continue providing aid to injured Palestinians affected by Zionist violence to ensure they receive better ...
1d
SIA’s 2Q profit dips on surplus capacity
SINGAPORE: Singapore Airlines (SIA) has signalled that it expects pressure from rising competition to continue despite ...
17h
Travellers to Bali, Jakarta, Surabaya to get more flight options in SIA-Garuda tie-up
There will also be more daily flights between Singapore and Jakarta from end-2024. Read more at straitstimes.com.
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