Forwarder JFL plans airline take-off this year, with 30 aircraft by next decade
Another day in freight, another blurring of the businesses: this time, a forwarder is planning ...
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By Alex Lennane
Singapore Airlines (SIA) is to take a stake in Air India, which has been given yet another lease of life following the decision to merge it with Vistara, the joint venture between Tata and SIA. Under the deal, SIA will invest $250m, and gain a 25.1% stake in Air India, which was acquired by Tata in January this year. The merger is expected to complete by March 2024. FlightGlobal reports.
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