Tag: singapore airlines

The investment will be made after the merger's completion and within November 2024, through subscription to new Air India shares, the group said, adding that future capital injections will also be considered based on “Air India’s requirements and available funding options.”(Representational Image/Pixabay)
Posted in Business

Singapore Airlines to invest ₹3,194.5 crore more into Air India after Vistara merger for 25.1% stake

Singapore Airlines (SIA) Group will invest an additional ₹3,194.5 crore into the newly merged entity comprising of Vistara and the Tata-owned Air India, according to…

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Vistara's Club Vistara loyalty program to merge with Air India's Flying Returns; operations continue until full integration.
Posted in Business

Club Vistara to end after Air India merger: What happens to your loyalty points?

Aug 30, 2024 03:00 PM IST Club Vistara members will migrate to Air India’s Flying Returns with points and benefits intact; 1:1 points transfer ratio….

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A Vistara Airbus A320 passenger aircraft prepares for take-off. (Reuters File Photo)
Posted in Business

Decks cleared for Vistara merger with Air India

Singapore Airlines (SIA) on Friday said it has received the foreign direct investment (FDI) approval from the Indian government for the proposed merger of Vistara…

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A Vistara aircraft is seen. (ANI )
Posted in Business

Vistara-Air India merger: Singapore Airlines gets FDI nod from India

Aug 30, 2024 10:03 AM IST India clears final hurdle for Air India’s merger with Vistara, approves $276 million investment by Singapore Airlines. India cleared…

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Indian-origin SIA steward wins plaudits for trying to save a driver suffering heart attack
Posted in NRI News

Indian-origin SIA steward wins plaudits for trying to save a driver suffering heart attack

SINGAPORE: An Indian-origin flight steward won praise at the Singapore Airlines (SIA) CEO Service Excellence Award for his efforts in reviving a car driver he…

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Singapore Airlines and its budget offshoot Scoot carried 26.5 million passengers in the year. (Representational Image)(AFP Photo)
Posted in Business

Airline made over $1.62bn in 22/23, gives staff eight months’ salary as bonus

Bloomberg | | Posted by Lingamgunta Nirmitha Rao Singapore Airlines Ltd. will pay staff a bonus of around eight months’ salary after posting a record…

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Here's why Singapore Airlines is investing in Air India
Posted in Business

Here’s why Singapore Airlines is investing in Air India

When the Singapore Airlines Group (SIA) released its operating statistics for December 2022, it revealed that it carried almost 12 per cent more passengers compared…

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