Articles tagged “vistara”

Tourism

Skift India Daily: Agoda CEO Says Indian Outbound Travel to Outpace Many Countries

With Indian airlines placing big bets on aircraft orders and deploying higher capacities on international routes, the global travel industry seems to be sitting up and taking note of the India outbound travel market's potential.

Amrita Ghosh | 2 weeks ago

Skift India Daily: Agoda CEO Says Indian Outbound Travel to Outpace Many Countries

Airlines

Air India to Bid Goodbye to Vistara Brand in Airline Merger

It's still way too early to tell whether it was the right decision to nix the Vistara brand, but Air India clearly has its work cut out for itself as the brand name also comes with a lot of baggage.

Peden Doma Bhutia | 3 weeks ago

Air India to Bid Goodbye to Vistara Brand in Airline Merger

News Blog

India’s Vistara Reports Profit for First Time Since Inception

Indian carrier Vistara reported its first-ever net profit for the quarter ending December 2022, according to statement from the airline on Monday.   The full-service carrier, a joint venture of Tata Sons and Singapore Airlines, reported break even for the first time since its inception in 2015 as it crossed the $1 billion revenue mark…

Peden Doma Bhutia | 2 months ago

Tourism

Gulf Region Boasts 170,000 Hotel Rooms in Active Development Pipeline

Even as global hotel development may have slowed down due to serious risks looming over the economy, the hospitality sector's development of Gulf nations remains robust. The nations realize offering choice is essential for people to visit a destination.

Peden Doma Bhutia | 3 months ago

Gulf Region Boasts 170,000 Hotel Rooms in Active Development Pipeline

Airline Weekly

Air India Secures Number 2 Spot in Indian Market with Vistara Merger

Tata's takeover of Air India has kicked off a wave of consolidation in the Indian market. Vistara joins AirAsia India merging with the flag carrier.

4 months ago
Air India Secures Number 2 Spot in Indian Market with Vistara Merger

News Blog

Air India-Vistara Merger to be Completed by March 2024

Tata Sons and Singapore Airlines have agreed to consolidate Air India and Vistara by March 2024. As part of the merger transaction, Singapore's flag carrier shall also invest $250 million in Air India for a 25.1 percent share, according to a media release on Tuesday. Tata Group owns a 51 percent stake in Vistara with…

Peden Doma Bhutia | 4 months ago

Airlines

Vistara CEO on Fighting India’s Low-Cost Carriers and Nagging Merger Questions

Merger or no merger, the Vistara team has its work cut out for it. The full-service airline would rather concentrate on thriving and growing in a market that’s dominated by low-cost carriers.

Peden Doma Bhutia | 5 months ago

Vistara CEO on Fighting India’s Low-Cost Carriers and Nagging Merger Questions

News Blog

Singapore Airlines and Tata Talk Potential Air India Stake

With a former Singapore Airlines executive at the helm of Air India, it comes with little surprise that the Singaporean airline could take a stake in the Tata Group-owned Indian flag carrier. Singapore Airlines disclosed Thursday that it was in "confidential discussions" with Tata to "deepen" the companies' existing partnership, and a potential merger of…

Edward Russell | 5 months ago

News Blog

Air India Announces Major Fleet Expansion, to Introduce Premium Economy

Air India, the erstwhile Indian state carrier which had been bought by the Tata Group in a $2.4 billion deal earlier this year, announced on Monday that it would look to progressively induct 30 new aircraft from December onwards, over the next 15 months. With the succesful induction of the 25 narrow-body and five wide-body…

Peden Doma Bhutia | 6 months ago

Airlines

Tata Takes Back Control of Air India in $2.4 Billion Deal

The government sale puts the airline, which Tata originally founded in 1932, back into the hands of Indian conglomerate. The country's politicians will be relieved.

Aftab Ahmed, Reuters | 1 year ago

Tata Takes Back Control of Air India in $2.4 Billion Deal