<p>Vistara’s proposed merger with Air India has left its employees anxious about their future with the company. The Tata group on Tuesday announced the merger of Vistara with Air India under a deal wherein Singapore Airlines will also acquire a 25.1 per cent stake in Air India, marking a major consolidation in India's fast-growing aviation space.</p>.<p>According to a <a href="https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/vistara-ceo-vinod-kannan-tries-to-calm-employees-anxious-over-airlines-merger-with-air-india/articleshow/95863070.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst" target="_blank">report </a>in <em>The Economic Times</em>, several Vistara employees, dazed by the recent announcement and gripped by uncertainty looming over their jobs, have started looking for jobs outside the company. </p>.<p>Vinod Kannan, the CEO of Vistara since January this year, tried to calm down employees in an email addressed to them. </p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/air-india-vistara-to-merge-as-singapore-airlines-buys-25-stake-1166768.html" target="_blank">Air India, Vistara to merge as Singapore Airlines buys 25% stake</a></strong></p>.<p>“We have all worked hard and tirelessly to build and establish Vistara as the award-winning airline of choice in India in a short span of time. This has borne significant results that we are all aware of — on the operational, financial and people front. This has not gone unnoticed — by our shareholders,” the report quoted the letter as saying. </p>.<p>“There will definitely be multiple opportunities — for growth, elevation and progress. Therefore, I urge you not to worry and speculate about your future. We remain an integral part of the aviation footprint of our shareholders and this does not change - regardless of the AOC (air operator certificate) we ascribe to,” he wrote.</p>.<p>“You are not sure about which team you will be in or the kind of responsibility or decision-making you will be allowed. Personally, for me, there is nothing cheerful in this announcement,” a Vistara employee told <em>ET</em>. </p>.<p>A full-service carrier, Vistara was the country's second-largest domestic carrier with a market share of 9.2 per cent in October. </p>.<p>The company is 51 per cent owned by Tata group and the remaining 49 per cent shareholding is with Singapore Airlines (SIA).</p>.<p><em>(With inputs from PTI)</em></p>
<p>Vistara’s proposed merger with Air India has left its employees anxious about their future with the company. The Tata group on Tuesday announced the merger of Vistara with Air India under a deal wherein Singapore Airlines will also acquire a 25.1 per cent stake in Air India, marking a major consolidation in India's fast-growing aviation space.</p>.<p>According to a <a href="https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/vistara-ceo-vinod-kannan-tries-to-calm-employees-anxious-over-airlines-merger-with-air-india/articleshow/95863070.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst" target="_blank">report </a>in <em>The Economic Times</em>, several Vistara employees, dazed by the recent announcement and gripped by uncertainty looming over their jobs, have started looking for jobs outside the company. </p>.<p>Vinod Kannan, the CEO of Vistara since January this year, tried to calm down employees in an email addressed to them. </p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/air-india-vistara-to-merge-as-singapore-airlines-buys-25-stake-1166768.html" target="_blank">Air India, Vistara to merge as Singapore Airlines buys 25% stake</a></strong></p>.<p>“We have all worked hard and tirelessly to build and establish Vistara as the award-winning airline of choice in India in a short span of time. This has borne significant results that we are all aware of — on the operational, financial and people front. This has not gone unnoticed — by our shareholders,” the report quoted the letter as saying. </p>.<p>“There will definitely be multiple opportunities — for growth, elevation and progress. Therefore, I urge you not to worry and speculate about your future. We remain an integral part of the aviation footprint of our shareholders and this does not change - regardless of the AOC (air operator certificate) we ascribe to,” he wrote.</p>.<p>“You are not sure about which team you will be in or the kind of responsibility or decision-making you will be allowed. Personally, for me, there is nothing cheerful in this announcement,” a Vistara employee told <em>ET</em>. </p>.<p>A full-service carrier, Vistara was the country's second-largest domestic carrier with a market share of 9.2 per cent in October. </p>.<p>The company is 51 per cent owned by Tata group and the remaining 49 per cent shareholding is with Singapore Airlines (SIA).</p>.<p><em>(With inputs from PTI)</em></p>