Tata's aviation empire | Air India-Vistara merger announcement likely

Tata Group and Singapore Airlines are in talks for the potential merger of their joint venture — Air Vistara with Air India. If a merger is considered, it will bring four airline brands and operations — Air India, Vistara, Air India Express and Air Asia India — under one Tata umbrella.

India's aviation space is currently dominated by budget airline Indigo. So what kind of competition are we talking about here?

In terms of market share, Indigo will continue to be the dominant player going by the current numbers. In October, the combined market share of four Tata owned brands stood at nearly 26 percent. Indigo meanwhile, enjoyed a 57.7 percent market share. So even together, the market share will be half of Indigos.