Category : MiscellaneousPublished on: June 08 2024
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The National Company Law Tribunal (NCLT) has approved the merger of Air India and Vistara, following prior approval from the Competition Commission of India (CCI), solidifying Air India's position as the largest international carrier in India with operations across five continents.
The merger aims to enhance operational efficiency by eliminating resource duplicities. Consultants are harmonizing workforce and route networks to ensure a seamless integration process, which will commence gradually without the need to ground flights.
