Singapore’s antitrust watchdog announced on Tuesday that it had allowed the merger of Tata Group-owned Air India and sister airline Vistara, a joint venture between Tata and Singapore Airlines, subject to certain conditions. Singapore’s flagship carrier revealed plans to unite Vistara and Air India in November 2022, aiming to build a dominating full-service airline in domestic and international markets.
To address the watchdog’s concerns, the parties recommended maintaining capacity on the affected flights at pre-COVID levels, appointing independent auditors to oversee compliance with capacity agreements, and submitting annual and interim reports.
“CCCS considers the proposed commitments sufficient to address the competition concerns arising from the transactions,” the agency said in a statement on Tuesday.
Singapore Airlines and Air India did not immediately respond to Reuters’ request for comment.
