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Sep 21, 2022 · At present, the Tata Group owns four airlines — Air India and its subsidiary Air India Express, plus a majority ownership in Vistara and AirAsia India.
Jan 28, 2022 · As per a statement issued on Thursday, Tata group now owns Air India, Air India Express and Air India SATS Airport Services Pvt Ltd. advertisement. Speaking to reporters on Thursday, Tata Sons chairman N Chandrasekaran said, "We are excited to have Air India back in the Tata group and are committed to making this a world-class airline.
The airline connects 34 destinations in India and abroad with over 700 flights per week. In January 2022, Air India Express, together with its parent company Air India, was successfully privatised, with ownership returning back to the Tata group that had initially founded Air India.
Consequent to the acquisition, the Tatas will own 100% stake in Air India (a full-service airline operating in domestic and international markets) as also 100% in its subsidiary Air India Express (a low cost carrier airline which focusses on short haul international operations especially in the Middle East market) and 50% in the joint venture Ai...
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Nov 29, 2022 · Air India and Vistara Merger: Singapore Airlines (SIA) and Tata Sons announced Tuesday that they have agreed to merge Air India and Vistara, with SIA getting a 25.1 per cent stake in the merged entity at an investment of Rs 2,058.5 crore ($250 million) in Air India as part of the transaction.
Oct 11, 2021 · Oct 11, 2021, 11:15 AM PDT. Tata Airlines 747 Tata.com. Tata Sons won a 100% stake in Air India, having bid $2.4 billion for the debt-ridden airline. Tata will take on $3.1 billion in debt...
