Singapore Airlines (SIA) and Tata Group are exploring a potential integration of jointly-owned Vistara (51% Tata, 49% SIA) and Air India, which is a subsidiary of Tata. SIA and Tata are thus currently in talks which could potentially “deepen the existing partnership” between the two companies. At the moment, no agreement has been reached as to the terms of the deal. SIA said in a statement that “this is an integral part of the SIA Group’s multi-hub strategy, allowing it to get access to important sources that complement its strong Singapore hub.”
SIA’s USD 3% 2026s are currently trading lower at 92.26 cents on the dollar, down by 0.28 points to yield 5.3%.
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