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- NCLT approved the merger of Air India and Vistara.
- The National Company Law Tribunal, Chandigarh Bench, has approved the merger of Tata Sons-owned Air India with Vistara.
- Both airlines can start integrating their networks, human resources, and fleet deployments.
- The merger has resulted in the creation of one of the world’s largest airline conglomerates.
- As per the deal, Singapore Airlines will own a 25.1 % stake in Air India.
- The Competition Commission of India (CCI) had already approved the merger in September 2023.
- Vistara is a joint venture of Tata Sons Private Limited and Singapore Airlines Limited (SIA).
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