Singapore Airlines (SIA) and Tata Sons (Tata) have agreed to merge Air India and Vistara, with SIA also investing INR 20,585 million (SD360 million, USD250 million) in Air India as part of the transaction.
SIA and TATA to merge Air India and Vistara Read More »
AirAsia Aviation Group Limited sold its remaining stake in AirAsia (India) Private Limited, its India operations, to Tata group-led Air India, according to a regulatory filing.
AirAsia sells its remaining stake in India operations to Air India Read More »
Tata Sons Ltd, the holding company of the Tata group, plans to raise as much as USD 4 billion to infuse fresh capital into Air India and refinance costly debt.
Tata Sons to raise USD 4 billion for Air India Read More »
Tata Sons will likely have to make a provision of INR 26 billion (USD 325.69 million) as amassed losses for AirAsia India.
Tatas may need to pay AirAsia India’s debt Read More »
Tata Sons appointed former Chairperson of Turkish Airlines Ilker Ayci as the Chief Executive Officer and Managing Director of Air India
Former Turkish Airlines head Ilker Ayci becomes Air India CEO Read More »
The national carrier Air India has gone back to its original founders, the Tatas
Air India’s disinvestment process has moved into the final stages, with Tata Sons and SpiceJet promoter Ajay Singh having submitted their final bids to acquire 100% stake in the national airline
Final bids for Air India disinvestment today, Tata and SpiceJet joins race Read More »
Malaysia’s AirAsia said it is evaluating its loss-making budget airline joint venture in India with Tata Sons in the wake of the financial distress due to the coronavirus pandemic
Hitting turbulence: AirAsia reviews joint venture with Tatas, may exit India Read More »
Vistara is evaluating Air India and would decide later whether it would bid or not for the national carrier’s disinvestment. “We are evaluating Air India. Which company would not be interested in evaluating a sovereign airline of the country? Whether we bid or not comes later,” Bhaskar Bhat, chairman of Vistara said. The government started
Vistara evaluating Air India bid Read More »
AirAsia India will launch its flight services to more cities next fiscal as part of its robust network expansion plans for 2020-21. The Bengaluru-based carrier flies to Delhi, Mumbai and Kolkata. At present, it flies to 21 destinations pan-India with a fleet of 27 A320 aircraft. “We continue to strengthen our network across India. With
AirAsia India starts new routes Read More »