Managing Change Merger of Vistara and Air India Abhoy K Ojha
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I write this to provide my take on the recently announced merger of Vistara and Air India. Vistara has a great record, with a dedicated team that has made the airline invaluable. The airline is based in India and has served great numbers of customers over the years. content In recent times, however, the airline has been through significant turmoil, with the airline suffering a massive loss of over Rs 6,000 crores during the pandemic. During that time, the board made some changes in the leadership, and it
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I’ve always been an advocate of taking bold risks. I remember, when the world of banking was booming, the CEO of the State Bank of India proposed an idea to merge the SBI and BANK OF BARODA, India’s oldest bank. The CEO was right, and it helped us in generating tremendous revenue growth and making a name for ourselves as a market leader. Similarly, in recent times, airlines have been undergoing tremendous changes. With the pandemic, the airlines lost around
PESTEL Analysis
The recent merger of Vistara (India’s second-largest airline after Air India) and Air India, announced in August, 2018, by the then CEO of Air India, and the present CEO of Vistara, is significant from both macro and micro standpoints. The PESTEL analysis is discussed here in details. PESTEL stands for Political-Economic-Social-Technological-Environmental-Legal (or People, Economy, Strategy, Technology, Environment, Legal
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In March 2019, India’s aviation minister, Subhash Chandra Garg announced the first ever airline merger, where Air India and SpiceJet have merged to form a new airline, ‘Vistara’. click reference It is expected to significantly enhance connectivity, increase revenue, and improve customer experience across all flight segments, and will leverage the capabilities of the merged entity. In this essay, I will highlight the importance of managing change as part of business strategy and the potential impact of merger of Vistara and Air
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1. What is the merger of Vistara and Air India, and why was it considered as an example of successful merger and acquisition? 2. Discuss the impact of mergers on airline industry. 3. Examine the benefits of integrating complementary capabilities, services, and resources. 4. Provide practical tips for managing change, especially during a merger or acquisition. Topic: AI-Driven Logistics for Last Mile Delivery Ojha K Ojha Section: Practical Application
Porters Five Forces Analysis
I remember when Vistara and Air India merged. They were two of India’s most prestigious domestic airlines. The merged entity, “Vistara”, was touted as a “game changer” with its state-of-the-art planes, high-end lounges, and luxury services. The merger brought together a joint venture between the two airlines led by Tata Sons. The new entity’s promise of providing “a single world-class airline for all” was a catchy tagline. The
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In the first section, you’ll read about the history of Air India and Vistara. You’ll also see why these two airlines needed to merge to grow stronger. In the next section, you’ll hear about the reasons why Air India was unable to compete with other global airlines in the face of growing competition, and how merging with Vistara addressed these problems. In the third section, you’ll read about the challenges of merging two very different airlines. Some of these included integrating their respective management cultures and
SWOT Analysis
In the current scenario of Indian Airlines, one cannot but believe in the merger of Vistara and Air India, because such a major operation requires both an amalgamation of assets as well as a smooth execution. The primary advantage of the merger is the potential to generate synergies across the two businesses that currently operate with different approaches. The merger would be the first step towards a larger strategy of restructuring Indian Airlines, which would ultimately be in the interest of all airlines and passengers. However, for any successful outcome, there are several challenges that must