In order to provide the Singaporean carrier a stronger presence in South Asia, Singapore Airlines Ltd. (SIA) is in private conversations with the Tata Group to examine the possibility of merging Vistara, its joint venture airline, with Air India. The conversations aim to strengthen the current SIA-TATA collaboration and may also cover a potential merger between Air India and Vistara.
Tatas owns 51% of Vistara, with the SIA owning the remaining 49%. Air India is also owned by Tatas.
According to its multi-hub strategy, SIA is now having private talks with Tata to investigate a potential transaction involving the stock of Vistara and Air India Ltd, a Tata subsidiary.
