Air India and Singapore Airlines Agree to Minimum Route Capacities Post-Merger
The Competition Commission of India (CCI) has given approval to the merger between Air India and Vistara, with the condition that both Air India and Singapore Airlines commit to maintaining a minimum capacity on specific routes. The planned merger involves the integration of Vistara into Air India, with Singapore Airlines taking a 25.1% stake in Air India. The voluntary commitments address competitive concerns, ensuring minimum capacities on overlapping routes and several India-Singapore routes. Air India and Singapore Airlines express intent to complete the merger swiftly, subject to final regulatory approvals.