Air India-Vistara Merger Progress: What We Know So Far – India Report
Photo Credit: The airlines have finalized the organizational structure of the merged airline. Air India
Skift Take
Air India's merger with Vistara is expected to be completed next year. With this, the merged entity would become India's largest international carrier and second-largest domestic airline.
The Tata group is likely to retain the senior management of full-service airline Air India post its merger with Vistara, an Economic Times report said. While Campbell Wilson will continue as the CEO of Air India, the merged entity will have Nipun Aggarwal as the chief commercial and transformation officer, while Sanjay Sharma will continue as CFO.
The current Vistara CEO Vinod Kannan will likely return to parent company Singapore Airlines, the report added. Deepak Rajawat, the chief commercial officer of Vistara, is likely to join the merged entity.
Post-Merger Expectations: The merged entity will operate under the Air India brand.
In the run up to the merger, Air India is upgrading its fleet. Last year, it placed an order for 470 new aircraft with Boeing and Airbus. It is set to retrofit over 100 planes, including 40 widebody aircraft, and has ordered about 25,000 seats as a part of this revamp.
Air India also introduced premium econ
