Tata To Order Up To 150 737 MAX Aircraft

The Economics Times is reporting that Tata is close to ordering up to 150 Boeing 737 MAX aircraft as part of a major revamp of the Air India airline group.

That group now includes Vistara after Singapore Airlines (SIA) and Tata Sons (Tata) agreed to a deal, with SIA also investing INR 20,585 million (S$360 million, US$250 million) in Air India as part of the transaction.

This would give SIA a 25.1 per cent stake in an enlarged Air India group with a significant presence in all key market segments. SIA and Tata aim to complete the merger by March 2024, subject read more ⇒

Source:: AirlineRatings.Com

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