Citing sources, the news channel has said that the Tata group may rope in Singapore Airlines, which it has a joint venture with, to buy the stake. Tata, in a joint venture with Singapore Airlines, operates Vistara Airlines, which currently has a market share of little over 2.8 per cent.

Singapore Airlines may buy 49 per cent stake in Air India if the airline is fully privatised as the government wants 51 per cent shareholding in the airline to be with an Indian firm, the channel has said in its report.