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Air India, Vistara boards may not be unified soon

By Economic Times - 4 months ago
Tata Sons unlikely to integrate Air India and Vistara boards in a hurry; management teams to remain separate for at least a year; merger expected to take place this year or next; Tata wants Air India to achieve consumer trust and operational efficiency similar to Vistara before integration; merging airlines involves network and operational overhaul; merger could stretch through 2024; Air India and Vistara merging to form full-service airline; Singapore Airlines to hold 25.1% stake in post-merger Air India; plan to keep brands separate until Air India reaches Vistara's standard; Tata won't rush to retire Vistara title.

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