Air India becoming larger post-merger with Vistara is on expected lines; consolidation a positive for sector profitability
Tata SIA Airlines Limited (Vistara) entered into an ‘implementation agreement’ dated 29th Nov’22 with Tata Sons Private Limited (Tata Sons), Talace Private Limited (Talace) and Air India Limited (AI) in connection with the proposed merger of AI and Vistara.