Air India- Vistara merger gets NCLT nod

The National Company Law Tribunal (NCLT) has approved the merger of Air India and Vistara, making Air India the largest international carrier in India operating flights to five continents. The merger, already approved by the Competition Commission of India, will lead to a more efficient operation by eliminating duplicities in resources and operations. Consultants are working on harmonizing workforce and route networks, with the integration process set to begin gradually without grounding flights.
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