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    AI-Vistara merger will get approval from Singapore panel

    March 6, 2024 - By how finance works

    NEW DELHI: The Competitors and Client Fee of Singapore (CCCS) has granted conditional approval for merging Vistara – which is owned 49% by Singapore Airways (SIA) – into Air India. SIA will maintain 25.1% stake within the merged AI, with Tatas having the remaining stake.The CCCS “identified some competition concerns”…

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  • Business Finance

    Singapore competitors fee provides conditional nod to merge Vistara into Air India

    March 5, 2024 - By how finance works

    NEW DELHI: The Competitors and Client Fee of Singapore (CCCS) has granted conditional approval for merging Vistara — which is owned 49% by Singapore Airways (SIA) — into. SIA will maintain 25.1% stake within the merged AI with Tatas having the remaining stake.The CCCS “identified some competition concerns” on this…

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    Vietjet orders 20 A330neos at Singapore airshow

    February 26, 2024 - By how finance works

    MUMBAI: Vietnamese service Vietjet and European multinational aerospace company, Airbus on Monday signed a Memorandum of Understanding (MoU) for the order of 20 A330neo (A330-900) widebodies, the airline stated in a press assertion.That is Vietjet’s largest widebody buy up to now. “The aircraft will be operated on the carrier’s growing…

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