The Indian government has approved Singapore Airlines taking 25.1pc stake in Air India post-merger with Vistara:.
Singapore Airlines is to exchange 49pc Vistara shareholding for smaller stake in Air India.
Majority-owned by Tata Sons, the merger expected to complete by end of 2024.
Competition authorities in India and Singapore have approved the merger.Vistara is to operate independently until November 11, then unify under the Air India brand
