SIA – Singapore Airlines (SG:C6L) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Singapore Airlines has successfully completed a merger between its associated company, Vistara, and Air India, resulting in a 25.1% stake in the newly expanded Air India. The merger marks a strategic move for Singapore Airlines, reinforcing its presence in the Indian market. Additionally, the airline plans to inject approximately INR 31,945 million into the enlarged Air India, leveraging its internal cash resources.
For further insights into SG:C6L stock, check out TipRanks’ Stock Analysis page.
