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This article lists airline mergers and acquisitions, with a brief history of each: Air India. 2007 - Merged with Indian Airlines. [1] Kept Air India name. 2022 - Acquires Vistara; Air Berlin. 2006 - Acquired dba; 2007 - Acquired LTU International; 2009 - Acquired LGW; 2009 - Acquired Belair; 2011 - Acquired flyNiki; 2017 - Filed for insolvency ...
It was renamed as Air India Limited on 26 October 2010. [6] Air India Limited was privatized through its sale to the Tata Group. On 8 October 2021 Tata Sons paid ₹ 180 billion (US$2.1 billion) to Government of India and Tata will also assume ₹ 153 billion (US$1.8 billion) of Air India Limited's debt as per the transfer deal.
The aircraft of AIX Connect were transferred to Air India Express Air Operator Certificate (AOC). In October 2023, VT-ATD, an Airbus A320neo became the first to transfer into the Air India Express fleet after completing the DGCA’s CAP3100 process. [49] On 1 October 2024, the merger of AIX Connect and Air India Express was declared to be ...
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Air India became the first Asian airline to operate freighters when Air India Cargo was set up in 1954 and started its freighter operations with a Douglas DC-3 aircraft. [16] Air India Cargo ended freighter aircraft operations in early 2012. [124] Alliance Air was a wholly owned subsidiary of Indian Airlines established on 1 April 1996.
He was instrumental in restructuring business verticals and increasing promoter stake ownership in companies. Under his leadership, the group made acquisitions through insolvency law and investments in e-commerce, expanded its airline business by winning a bid for Air India, and completely bought Air Asia India. He has mentioned the future ...
Alliance Air's parent company, Air India Limited, was sold to Tata Sons on 8 October 2021. [13] [14] However, Alliance Air was not a part of the deal, and was instead transferred to Air India Asset Holdings Limited, a state-owned special purpose vehicle that holds Air India's remaining assets and liabilities.
Air India: AI AIC AIRINDIA 1932 Delhi, Mumbai: 94: 210: 359 Full service carrier, flag carrier of India Air India Express: IX AXB EXPRESS INDIA 2005 Kochi: 54: 98: 153 Low cost carrier, subsidiary of Air India: Akasa Air: QP AKJ AKASA AIR 2021 Bengaluru, Mumbai: 27: 27: 199 Low cost carrier IndiGo: 6E IGO IFLY 2006 Bengaluru, Chennai, Delhi ...