Air India, the debt-laden, state-owned airline, will be sold to either Tata Sons or SpiceJet promoter Ajay Singh in 21 days. The government has already received the final bids from both parties. According to a report from the Business Standard, the airline’s successful bidder might be announced in 21 days or three weeks. In this time period, two high-level committees will be deciding the reserve price for the national carrier.... Read More
Regardless of how slumped the airline industry is right now; Air India is getting a lot of interest from the Tata Group. The state-owned airline is being disinvested by the government because of its debt and continuous operational losses. With the COVID-19 pandemic and the break-in domestic as well as international travel, Air India was affected majorly. Tata Group has a special place for Air India in its heart because... Read More
The Cochin International Airport Limited (CIAL) will be offering free round trip tickets to customers in India. The airport body has further signed a memorandum of understanding (MoU) with the government-owned airline Air India. Under the deal, passengers who are travelling through the airline can avail of a 15% to 20% discount on anything they purchase from the Cochin Duty-Free shop at the international departure terminal. CIAL Will Also Be... Read More
The national air carrier, Air India, has been operating under a loss for years now and has a mountain of debt on its shoulders. Thus the government had earlier decided to sell a 76% majority stake of the airline to interested buyers. However, there were no takers for the airline at that point in time. In the second round of attempt, the Modi government might actually sell the airline to... Read More
The state-run airline, Air India will soon resume its flight services between Mumbai and Hubballi. The airline started its flight service in this route back on January 20, 2020, but two months down the line, the service had to stop because of the global pandemic. But according to a PTI report, Air India is all set to resume the flight service from February 16, 2021. The airline will be using... Read More
In a recent update, Air India has announced that it will suspend all its flights to and from Oman. All the international flights to the United Kingdom (UK) have also been suspended. Apparently, a new type of coronavirus is infecting people in the UK, and that is why the Indian government believes it to be the best in everyone’s interest to ban all the flights to the UK for now.... Read More
Tata Group has recently submitted an expression of interest for the flag carrier, Air India. But instead of going through with Vistara, an airline which the group co-owns with Singapore Airlines, the Indian conglomerate has submitted the expression of interest with AirAsia India. For the unaware, AirAsia India is also owned by the Tatas. As per a report from the Times of India, apart from Tata Group, two other parties... Read More
Indian passengers can soon hop on a direct flight to Chicago from Hyderabad, courtesy of Air India. The flag carrier has been operating international flights to multiple countries under air bubble agreements for the last few months. Now, the airline will be flying a direct flight out of Hyderabad to Chicago. This direct flight service between the two destinations is slated to start from January 15, 2021. It is a... Read More
Tata Sons, a holding company of the Tata group, might bid for the national carrier, Air India. The debt-laden airline’s bidding had to be postponed by the government of India four times earlier this year because of the global pandemic. But now, Tata Sons, the majority stake owner of Vistara along with Singapore Airlines (SIA) is all set to make the bid for Air India. But there’s just one problem.... Read More
The tussle between India and Germany related to the air bubble agreement has finally come to rest. Civil Aviation Minister of India, Hardeep Singh Puri said via a tweet that flights between Germany and India are going to resume under the air bubble agreement. The number of flights that the German carrier, Lufthansa was operating earlier has been trimmed down. In addition to this, the number of flights Air India... Read More
Hong Kong government has banned two Indian airlines – Air India and Vistara – from operating services to the country after a few passengers tested positive for COVID-19. The ban will remain in effect from October 17 – 30, 2020. While it is a third time ban for Air India, this is the first time for Vistara. The country insists the passengers submit a medical certificate showing the absence of... Read More
National carrier Air India has announced that it will operate UAE-Kerala flights from October 25 to December 31 as a part of Vande Bharat mission. The bookings are already open, and passengers can book tickets on the Air India website or contact travel agents for the same. Kerala has a large number of its population working in UAE, and the mission has successfully brought many expatriates home. Air India UAE-Kerala... Read More
India has launched a new initiative Vande Bharat Mission which will evacuate stranded Indians stuck in virus affected nations and bring them safely to India. Air India and Air India Express will be the helping hand for the government in bringing Indian Citizens back to the nation. The government-owned carrier will operate in nearly 12 countries. The operations by Air India will be the world’s largest evacuation. Air India has... Read More
Air India has been in talks a lot recently much because of the governments' decision to privatise the airline. The airline has been reported to be in a debt of Rs 54,000 crores but Air India Assets Holding Ltd is one special body created by the government to help ease the pressure of debt on the airline. AIAHL has been successful in doing so by issuing public bonds and paid... Read More
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