Singapore Airlines Receives FDI Approval from GoI for Vistara-Air India Merger

Current Context: Singapore Airlines has received the approval from the Indian government for its foreign direct investment (FDI) in the proposed merger of Vistara and Air India.

• This significant development paves the way for the creation of one of the world's largest airline groups.
• Key points:
• FDI approval: Singapore Airlines has been granted permission to invest in the merged entity.
• Stake acquisition: The airline is expected to acquire a 25.1% stake in the combined Air India-Vistara.
• Completion timeline: The merger is anticipated to be finalized by the end of 2024.

Question:

1 What stake is Singapore Airlines expected to acquire in the combined Air India-Vistara entity?

• A) 10%
• B) 20%
• C) 25.1%
• D) 75%

Answer: C) Singapore Airlines is expected to acquire a 25.1% stake in the merged Air India-Vistara entity.