Singapore Airlines (SIA) has announced that it is getting a 25.1 percent stake in Air India following the national carrier’s merger with Vistara.So SIA essentially gets a 19.4 percent stake in Air India for giving up its 49 percent stake in Vistara, and gets another 5.7 percent in the Indian airline for an additional investment of $360 million. Hence the total stakeholding of 25.1 percent.

Ven Sreenivasan, Associate Editor, The Straits Times shares more. 

Singapore Airlines (SIA) has announced that it is getting a 25.1 percent stake in Air India following the national carrier’s merger with Vistara.So SIA essentially gets a 19.4 percent stake in Air India for giving up its 49 percent stake in Vistara, and gets another 5.7 percent in the Indian airline for an additional investment of $360 million. Hence the total stakeholding of 25.1 percent.
Ven Sreenivasan, Associate Editor, The Straits Times shares more.

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Get a head start on your workday with Ryan Huang, Emaad Akhtar and Audrey Siek from 6 am to 9 am. 
Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

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