Tata Sons and Singapore Airlines invest further USD273m in Vistara

    Tata Sons and Singapore Airlines reportedly recently invested INR20 billion (USD273 million) in Vistara (Business Standard, 24-Oct-2018). The equity infusion is aimed at helping Vistara cover pre delivery payments to Airbus and Boeing for new aircraft and to facilitate the airline’s international network expansion. Tata Sons and Singapore Airlines have invested more than INR38 billion (USD518.8 million) in Vistara since its launch.