Vistara's Adaptive Journey with Air India Merger: CEO Vinod Kannan Speaks

Vistara, in the midst of merging with Air India, is navigating through operational disruptions. CEO Vinod Kannan highlighted that the merger, slated for completion by year-end, aims for growth rather than cost-cutting. The airline, a joint venture with Singapore Airlines, remains agile to market changes, aspiring to stabilize operations soon.

PTI | New Delhi | Updated: 05-06-2024 16:12 IST | Created: 05-06-2024 16:12 IST
Vistara's Adaptive Journey with Air India Merger: CEO Vinod Kannan Speaks
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Vistara is proving its agility and adaptability amidst the ongoing merger with Air India, according to CEO Vinod Kannan's remarks on Wednesday. Addressing the CAPA India Aviation Summit 2024 in the national capital, Kannan emphasized that the merger, likely to conclude by year-end, is primarily for growth, contrary to speculations of cost-cutting. The airline has recently encountered disruptive challenges due to pilot issues but is progressively stabilizing its operations.

Kannan mentioned that the unique characteristics of the Indian market allow room for full-service carriers like Vistara to thrive. The merger with Air India aims to enhance their market presence while maintaining their operational integrity. The integration process for non-operational staff is anticipated to be finalized by the end of this month or the next, pending approval from the National Company Law Tribunal (NCLT).

Launched in January 2015, Vistara is a joint venture between Tata Sons and Singapore Airlines, operating a fleet of 70 aircraft. The airline's focus remains on making calculated adjustments to ensure seamless operations post-merger, showcasing its readiness to adapt to industry dynamics.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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