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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.
[30] [31] As of July 2019, AirAsia India was the fifth largest low-cost carrier in India, behind IndiGo, SpiceJet, Star Air (India), and GoAir, with a market share of 7.1%. [ 32 ] In January 2018, then-managing director and chief executive Amar Abrol announced plans for the company to expect a fleet of 21 aircraft by the year's end, making it ...
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.
The Descent of Air India is a book by Jitender Bhargava, a former executive director of Air India. The book chronicles the financial downfall of the public sector airline. [1] The book was withdrawn after a defamation suit was filed by former Aviation Minister Praful Patel. [1] [2] [3] The book is now available as an ebook on Amazon Kindle ...
On 1 April 1997, Vayudoot Airlines, a joint venture of Air India and Indian Airlines, merged with Alliance Air to serve the regional air routes of Northeast India and several other parts of India. In November 2013, Air India announced that it would dry lease eight ATR-72 aircraft to replace Alliance Air's ageing fleet of ATR 42 and CRJ700 ...
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange with highest number of companies (5,246 (as of 8th February 2022)) which is located on Dalal Street. [8] Established with the efforts of cotton merchant Premchand Roychand in 1875, [ 9 ] [ 10 ] it is the oldest stock exchange in Asia , [ 11 ] and also the ...
Alaska Airlines closed its $1 billion purchase of Hawaiian Airlines on Wednesday, a day after the federal government removed the last major regulatory obstacle to the deal. Alaska will also assume ...
Air India Express is an Indian low-cost airline and a wholly owned subsidiary of Indian flag carrier airline Air India. [6] Currently, it is headquartered in Gurgaon , Haryana . [ 3 ] [ 7 ] The airline operates more than 2000 flights per week to 45 destinations across India, the Middle East and Southeast Asia . [ 8 ]