Bottlenecks and price hikes as airlines now avoid Iran airspace
Asia-to-Europe airfreight could face extreme bottlenecks and price hikes due to the rising tension in ...
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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