Of the humongous Rs 62,000 crore debt on the books of Air India when it was handed over to the Tatas, the Government of India has closed its part of Rs 47,000 crore by paying off all the banks involved.
New Delhi, April 16 (IANS) Regional airline Alliance Air has become an independent business unit under the Central government’s control. Alliance Air was an esrtwhile part of Air India prior to the latter’s divestment. At present, it is operated as a
New Delhi, April 15 (IANS) Tata Group-promoted Air India said on Thursday that Alliance Air is no longer its subsidiary. In a tweet, the airline said: “Passengers holding tickets of Air India with a 4-digit flight number starting wiith ‘9’ or
New Delhi, March 21 (IANS) Global aerospace major Airbus India on Monday said that it is in touch with Tata Group for providing its new aircraft A350 for Air India. Speaking at a company event here to showcase the new generation
New Delhi/Mumbai, March 14 (IANS) Tata Sons Chairman N. Chandrasekaran has been appointed as Air India Chairman, a group spokesperson said. The development comes as the Tata Group scouts for a new Air India CEO-MD. Earlier this month, ex-Turkish Airlines head
New Delhi, Feb 28 (IANS) Budget carrier SpiceJet will operate a special flight to Budapest, Hungary to evacuate stranded Indians. The airline will operate a special evacuation flight to bring back stranded Indians, who managed to find their way out
New Delhi, Feb 28 (IANS) Airline major Air India’s will operate more flights to Romania and Hungary to bring back stranded Indians, heading to these countries from war-torn Ukraine. The airline operated a direct flight from New Delhi to Bucharest on
Mumbai, Feb 26 (IANS) An Air India flight carrying evacuees from the war-hit Ukraine is expected to land here later in the day, the Chhatrapati Shivaji Maharaj International Airport (CSMIA), officials said. Union Minister for Textiles Piyush Goyal is likely to
New Delhi, Feb 23 (IANS) The first Air India flight ferrying Indian citizens from Ukraine is expected to arrive at New Delhi’s IGI Airport on Tuesday night. The Tata Group-led Air India’s special flight to Ukrainian capital Kyiv took-off at 7.30
New Delhi, Feb 21 (IANS) The Ministry of Home Affair (MHA) will verify the background of Air India’s newly appointed CEO Ilker Ayci, officials said. This is routine procedure when a foreign national is appointed CEO of any Indian company, officials
New Delhi, Feb 19 (IANS) As tensions between Russia and Ukraine remain high, the Tata Group-led Air India will run three direct flights to Kyiv to bring back stranded Indians from the East European country. Accordingly, Air India will operate three
New Delhi, Feb 17 (IANS) Tata Sons Chairman N. Chandrasekaran on Wednesday said the group is committed to make Air India a world-class airline which it deserves to become. In his maiden address to the staff via virtual platform, he said
New Delhi, Feb 5 (IANS) Airline major IndiGo seems to be gearing up for the challenge of greater competition in India’s skies by appointing its co-founder and promoter — Rahul Bhatia — as the Managing Director to focus on expanding the
New Delhi, Jan 30 (IANS) Following the takeover of Air India by Tata Group, the Employees’ Provident Fund Organisation (EPFO) has now onboarded the carrier for social security coverage to service the social security needs of its employees. The social security
New Delhi, Jan 28 (IANS) If you board an Air India flight on Friday, the pilot will welcome you with a different announcement, as the airline has been formally handed over to the Tata Group. On Friday, the first day post
New Delhi, Jan 28 (IANS) Tata Sons subsidiary Talace, which took over the managerial control of Air India on Thursday, will get more than 140 aircraft and eight logos, among other assets such as human resources. However, the transaction does not
After successfully taking over the managerial control of Air India, conglomerate Tata Group has emerged as one of the largest aviation player globally. New Delhi, Jan 27 (IANS) After successfully taking over the managerial control of Air India, conglomerate Tata
The Centre on Thursday handed over the management control of national carrier Air India to a subsidiary of Tata Sons. New Delhi, Jan 27 (IANS) The Centre on Thursday handed over the management control of national carrier Air India to a
New Delhi, Jan 27 (IANS) National carrier Air India under the Tata brand is set for major revamp in service standards as well as introduction of new passenger friendly amenities. According to sources, on avail are the likely introduction of
New Delhi, Jan 27 (IANS) N. Chandrasekaran, the chairman of Tata Sons, who control the entire Tata conglomerate, called on Prime Minister Narendra Modi in Delhi on Thursday ahead of the official handover of Air India after the Tata group won
