The Competition and Consumer Commission of Singapore (CCCS) has granted conditional approval for the merger of Vistara with Air India along with Singapore International Airline’s 25.1% stake in the latter.
The approval was granted following commitments from all three airlines that the merged entity will “maintain” capacity, or passenger seats, at pre Covid-19 level (calendar year 2019) for flights between Singapore and Mumbai, Delhi, Chennai and Thiruvananthpuram.
This followed competition concerns identified by CCCS as the three entities hold majority of the market shares among various airlines offering direct flights on the aforementioned four routes.
