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Aviation
India approves Singapore Airlines’ FDI for merger of Vistara with Air India

India approves Singapore Airlines’ FDI for merger of Vistara with Air India

Singapore Airlines has received approval from the Government of India for foreign direct investment (FDI) in Vistara , paying the way for its joint venture with Tata Group, into Air India, the airline said in

Aviation
Vistara set to merge with Air India following Cabinet approval on FDI

Vistara set to merge with Air India following Cabinet approval on FDI

The merger between Vistara and Air India is expected to receive final approval from the Indian Cabinet as early as this Saturday. The Cabinet's decision will pave the way for Singapore Airlines (SIA) to make

Aviation
Qatar Airways acquires 25% stake in SA’s regional carrier Airlilnk

Qatar Airways acquires 25% stake in SA’s regional carrier Airlilnk

Qatar Airways Group has acquired a 25 per cent stake in Southern Africa’s (SA) independent regional carrier, Airlink. The announcement is a continuation of the airline’s ambition to further develop its operations across the African

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EaseMyTrip acquires minority stake in ETrav Tech

EaseMyTrip acquires minority stake in ETrav Tech

EaseMyTrip has invested about USD 4 million in ETrav Tech, giving it a 4.94% stake in the company and boosting its effort to grow its non-air segments. ETrav Tech is a B2B company serving travel

Aviation
Rakesh Gangwal sells 5.8% stake in IndiGo; raising INR 6,785cr

Rakesh Gangwal sells 5.8% stake in IndiGo; raising INR 6,785cr

IndiGo co-founder Rakesh Gangwal sells 5.8% stake in airline via bulk deal, raises INR 6,785 crore. IndiGo co-founder Rakesh Gangwal has sold a 5.8 per cent stake in operator Interglobe Aviation via a bulk deal,

Aviation
Air India-Vistara merger: awaiting FDI & regulatory approvals, says SIA

Air India-Vistara merger: awaiting FDI & regulatory approvals, says SIA

Singapore Airlines (SIA) has said the proposed merger of Air India and Vistara is in progress, and they are awaiting foreign direct investment and other regulatory approvals. Vistara is a joint venture between Singapore Airlines

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