The merger between Air India and Vistara will take effect for passengers from September 3, when reservations for the latter will cease to exist.
The two Indian airlines have scheduled the start of the merger of flights between them for November 12, with Vistara ceasing to exist operationally.
Although the airline’s aircraft will continue to carry its livery for some time, all flights will now use Air India’s “AI” code instead of “UK”.
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The announcement comes shortly after the Indian government approved the Singapore Group’s direct investment in Air India. SIA held 49% of Vistara while Tata Sons held 51%.
Under the new arrangement, Air India, Air India Express and Vistara, with their 285 aircraft, will have a 25.1% stake with Singapore International Airlines and the rest with Tata.
The Air India group currently holds the second largest share of the Indian air travel market with nearly 29%. IndiGo dominates demand in the country with over 60%.
Founded in 2014, Vistara currently has a fleet of 70 aircraft, 63 of which are Airbus A320neo family and seven Boeing 787-9 Dreamliner widebodies.
