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Air India is the flag carrier airline of India headquartered in Gurugram. It is owned by Air India Limited, which is owned by the Tata Group and Singapore Airlines. It operates a fleet of Airbus and Boeing aircraft serving 102 domestic and international destinations.
Air India Limited is a subsidiary of the Tata Group (74.9%) and Singapore Airlines (25.1%). On the anniversary of the airline's founder J. R. D. Tata 's birth, its new headquarters at Vatika One On One in Gurugram [4] was inaugurated.
Nov 29, 2022 · Air India, an airline fully owned by Tata Sons, has been the flag carrier of India. Tata Sons, via its fully owned subsidiary, Talace Private Limited (“Talace)”, had acquired 100% stake in Air India on 27th January 2022.
Talace Pvt Ltd, a wholly-owned subsidiary of Tata Sons, gets 100% equity shares of AI and AI Express. It will also get the government’s 50% stake in ground-handling company AISATS.
Oct 12, 2024 · The unified Air India Group now operates over 8,300 weekly flights on 312 routes, connecting more than 100 domestic and international destinations with a fleet of 300 aircraft. The new full-service entity Air India operates over 5,600 weekly flights and connects more than 90 domestic and international destinations with a fleet of 208 aircraft.
Jan 28, 2022 · Tata group now owns Air India through its subsidiary Talace. Control of the airline was officially handed over to the Tata group on Thursday by the Department of Investment and Public Asset Management (DIPAM).
Jan 27, 2022 · The government on Thursday transferred 100% shares in Air India to Tata's wholly owned subsidiary Talace Pvt Ltd along with management control. Tata Sons chairman N Chandrasekaran met Prime Minister Narendra Modi here before taking over the Maharaja that was nationalised exactly 69 years ago.
Jan 27, 2022 · India's national carrier, Air India, has been officially handed over to the Tata Group, which bought the debt-ridden airline in October last year. The Tatas paid nearly $2.4bn (£1.7bn) after...
Oct 8, 2021 · Tata group has emerged as the successful bidder of the divestment process of the national carrier Air India. The Tata group’s holding company, Tata Sons through its wholly-owned subsidiary Talace Pvt Ltd submitted a winning bid of Rs 18,000 Crore as the Enterprise Value of Air India.
Jan 27, 2022 · NEW DELHI, Jan 27 (Reuters) - India's Tata Group took control of state-run carrier Air India on Thursday, regaining ownership of the airline after nearly 70 years and marking a victory for...
