The Tata Group plans to keep the current top management of Air India after its merger with Vistara. Campbell Wilson will remain CEO, with Nipun Aggarwal and Sanjay Sharma continuing as Chief Commercial and Transformation Officer and Chief Financial Officer, respectively.
Vistara CEO Vinod Kannan is expected to return to Singapore Airlines (SIA). Vistara’s Chief Commercial Officer Deepak Rajawat will join the merged entity, while some Vistara roles may become redundant.
Air India has been hiring aggressively to revamp the company, bringing in talent from other Tata Group companies and startups. A team from Air India, Vistara, and Boston Consulting Group is working on the integration of human resources, with AZB Partners handling legal and regulatory compliance.
Tata Group aims to consolidate its airline business, which posted a loss of ₹15,532 crore in fiscal 2023, to leverage synergies and reduce duplication. The combined Air India and Vistara entity will compete in the full-service segment, while Air India Express and AirAsia India have merged to form a no-frills airline.
The merger is set to be completed by the end of this year, though customer-facing elements, including Vistara’s brand identity, will remain unchanged until 2025. Singapore Airlines’ 25.1% stake in the merged entity will strengthen its presence in the Indian aviation market.
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