Singapore Airlines, Tatas to merge Vistara with Air India
Along with the merger, Singapore Airlines will infuse ₹2,058.5 crore into Air India, which will give it a 25.1% stake in an enlarged Air India group.
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AirAsia India now 100% owned by Tata's Air India
AirAsia says it has sold the remaining stake in AirAsia India to Tata to focus on ASEAN nations. Move also seen as part of Tata’s strategy to consolidate its aviation biz under one umbrella.
CCI approves Air India’s acquisition of AirAsia India
The proposed combination envisages the acquisition of the entire equity share capital of Air Asia India by Air India.
Air India offers to buy out AirAsia India
Tata Group, which owns both carriers along with Air India Express and Vistara, has been trying to promote synergy between its airlines.
Why are airlines in India at the edge of a precipice?
Pressure to reduce duties on ATF mounts as surging prices increase stress on a sector in the doldrums.
The IndiGo strategy
Even as the Tata group doubles down on its aviation bets, IndiGo is also preparing ground for its next stage of growth. It’s on a mission to build the best airline system for India, says its CEO.
Tata-Air India: Too much to chew
The Tata group has evinced interest in buying Air India, even as it already owns loss-making airlines AirAsia India and Vistara. Despite its deep pockets, turning around Air India may not come easy.
Signs of green shoots in air travel?
Data by the Directorate General of Civil Aviation showed that more domestic travellers took to the skies last month, as compared to August. Although, traffic is still down on an yearly basis.
NCLAT reinstates Mistry as Tata Sons chairman
The appellate tribunal held Mistry’s removal as illegal, but the matter is far from over as Tata Sons is expected to challenge the verdict in the Supreme Court.
