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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the name of the proposed airline of Tata-SIA Airlines Limited (TSAL), a jointventure between Tata Group and Singapore International Airlines (SI)
A
Vistara
B
Margaret
C
Tata-SIA
D
Legard
Explanation: 

Detailed explanation-1: -Vistara, a 51:49 joint venture between Tata Sons and Singapore Airlines Limited, was established in 2013 and is India’s leading full-service carrier with international operations in Middle East, Asia and Europe.

Detailed explanation-2: -Four airlines are part of the Tata group. They are Air India, Air India Express, AirAsia India and Vistara.

Detailed explanation-3: -On 29 November, Singapore Airlines and Tata Group announced a merger between Air India and Vistara, with Singapore Airlines holding 25.1% of the merged entity. The merger is expected to be completed by March 2024. Vistara is a 51:49 joint venture between Tata Group and Singapore Airlines.

Detailed explanation-4: -At present, Tatas and SIA own 51 per cent and 49 per cent stake in the airline and have invested over Rs 9, 370 crore in it.

Detailed explanation-5: -Tata SIA Airlines, a joint venture between Tata Sons and Singapore Airlines, operates under the flagship brand name Vistara, a domestic and international full-service carrier.

There is 1 question to complete.