Monday, November 30, 2020

Tata Group invites Singapore Airlines to buy Air India

Tata Group which partnered SIA in setting up Vistara in 2015, a full Indian service airline based in Gurgaon is mulling Air India buyout with SIA.
Based on past records, SIA has not been very successful when buying or investing in other airlines. It lost millions in Air Zealand, Virgin Atlantic and others some years ago.
Let's hope SIA will prosper if it decides to go ahead with acquiring Air India with partner Tata Group.

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