AI-Vistara merger pivotal moment for Indian aviation, says Singapore Airlines CEO
Singapore Airlines CEO Goh Choon Phong on Monday said the airline group will support the ongoing transformation of the enlarged Air India Group by offering «our stewardship and expertise where possible» as he emphasised that Air India-Vistara merger marks a pivotal moment for Indian aviation. In his first comments after the completion of the merger on November 11, he also said that Singapore Airlines is committed to deepening its commercial collaboration with Air India.
Vistara was a joint venture between Singapore Airlines and Tatas, and with the merger, Singapore Airlines has a 25.1 per cent in Tata Group-owned Air India.
At a symbolic ceremony in the national capital on Monday, Tata Sons and Singapore Airlines celebrated the merger. Tata Sons Chairman Natarajan Chandrasekaran, Goh Choon Phong, as well as senior management and employees from Tatas, Singapore Airlines, Air India, and Vistara were present, according to a joint release by Singapore Airlines and Tata Sons.
«This merger marks a pivotal moment for Indian aviation. Working with our valued, longstanding partner Tata Sons, the SIA Group will support the ongoing transformation of the enlarged Air India Group, offering our stewardship and expertise where possible.
»We are focused on helping to restore Air India to its leading position in the Indian aviation market, and creating an airline Group that everyone in India can be proud of," Goh Choon Phong said in the release.
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