![]() ![]() In any case, in the fight of elephants, the smaller airlines will have a tough time surviving leaving the skies open to the two players to battle it out. The one-two combination of Air India will make growth difficult for IndiGo. Air India with a 30 percent share will be aggressively looking to penetrate IndiGo’s 50 percent market.Īir India has the advantage over IndiGo in the sense that it can poke into the latter’s market share with its aggressive pricing through its low-cost Air India Express while consolidating its position in the full-service segment through Air India and Vistara offerings. Reports quoting SIA officials say the airline is looking at additional capital injection to the tune of $615 million, payable only after the completion of the merger.Īfter the merger, the Indian aviation market will largely be a duopoly with Air India and IndiGo sharing 80 percent of the market between them. The promoters of Air India have agreed to participate in additional capital injections to fund the growth of the merged Air India over the next two years. Reports say that the airline is likely to order 300 narrow-body jets, the largest orders ever in aviation history. For a cash-strapped industry, Air India with the backing of SIA and the Tata Group will have money backing their venture. The merger will have an impact on the aviation sector in India. The merger will be a win-win as it covers the entire spectrum of offerings and the only routes that overlap are between India and Singapore. Air India will be the only Indian airline to fly both the full-service and low-cost fleets. The airline will be serving 38 international and 52 domestic destinations. ![]() The combined fleet of Air India (including Air India Express and AirAsia India) and Vistara will be 218 wide and narrow-body aircraft, making it the second-largest domestic player and the country’s largest international carrier. According to the details of the merger reported in the media, Singapore Airlines (SIA), which currently holds 49 percent of Vistara, will invest Rs 2,059 crore to get 25.1 percent in the merged Air India. The Tata Group on Tuesday announced the consolidation of Vistara with Air India by March 2024. The merger will be the biggest in India’s aviation sector. The Indian domestic airspace is getting smaller with the merger of Vistara and Air India. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of. Enhanced reading experience through revamped Moneycontrol Pro where you can personalize what you want to read and also get news curated specially for you.The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. Pro subscribers will also be able to participate in periodic chats with editors, correspond with them through emails and also get exclusive invitations to events featuring experts and thought leaders Exclusive access to blogs written by high net worth individuals (HNIs) and market gurus, whose life and market lessons we would all love to emulate and help us make better investment decisions. Sharp commentary and opinion that will decode the news across markets, politics, policy and business. Investment ideas from our in-house equity research team and technical analysis trading ideas from a hand-picked team of experts Pro subscribers get an ad-free experience which promises more room for data on the screens with faster load times. ![]() As part of our anniversary offer, from April 21, benefits worth more than Rs 20,000 will be available to all our existing and new subscribers till May 7. The ad-free experience can be accessed on the desktop as well.Īnd there’s more. Update your app now, and visit the PRO section to experience the same. On the occasion of our first anniversary, we have unveiled an all-new look for Moneycontrol PRO. You can not only sample new content, but will have access to the premium articles archives as well. In other words, all articles and other content from Moneycontrol Pro are free to access for these three days.Īs subscribers of Moneycontrol Pro would be well aware, the product offers you a free, uninterrupted, ad-free experience to access, curated markets data, exclusive trading recommendations, independent equity analysis, nuanced takes on macro, corporate and policy actions, practical insights from market gurus and much more for the next three days. To mark its first anniversary, we are opening the paywall to the public for three days from April 18 to 20. Moneycontrol Pro, the premium financial content subscription service from Network18, turns one next week. ![]()
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