Marking the dawn of a new chapter for the Indian aviation industry were Mr Natarajan Chandrasekaran, Chairman of Tata Sons, and Mr Goh Choon Phong, Chief Executive Officer of Singapore Airlines, as well as senior management and employees from Tata, SIA, Air India, and Vistara.Read More
Tags : Air India
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Air India and BIAL Enter Agreement Intended to Develop Bengaluru as a Premier Aviation Hub for
Plan includes enhanced international connectivity, dedicated lounge in T2 Domestic area for premium customers of Tata Group airlines, and MRO facility Read More
The Air India strategic disinvestment transaction has been completed today with Government receiving a consideration of Rs 2,700 crore from the Strategic Partner (M/s Talace Pvt Ltd, a wholly owned subsidiary of M/s Tata Sons Pvt Ltd), retaining debt of Rs 15,300 crore in Air India and AIXL and transferring shares of Air India (100% shares of Air India and its subsidiary AIXL and 50% shares of AISATS) to the Strategic Partner.Read More