Explained: Air India’s mega 470-aircraft deal with Boeing, Airbus 

Explained: Air India’s mega 470-aircraft deal with Boeing, Airbus 

The story so far: Scripting history with the largest-ever aircraft order in the history of global aviation, Tata group-owned Air India on Tuesday announced jumbo deals with aircraft manufacturers Airbus and Boeing to acquire 470 jets at an estimated cost of Rs 6.4 lakh crore.  The order includes 400 single-aisle aircraft (mainly used for domestic travel), […]

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Tata Sons announces merger of Vistara with Air India

Tata Sons announces merger of Vistara with Air India

File photo used for representative purpose only. | Photo Credit: PTI Singapore Airlines on November 29 said Vistara will be merged with Tata group-owned Air India. As part of the transaction, SIA will also invest ₹2,058.5 crore in Air India. “This would give SIA a 25.1% stake in an enlarged Air India group with a […]

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U.S. orders Air India to pay 1.5 million as passenger refunds and .4 million as fines

U.S. orders Air India to pay $121.5 million as passenger refunds and $1.4 million as fines

The U.S. ordered Air India to pay a whopping $121.5 million as refunds and $1.4 million as penalties. File | Photo Credit: Velankanni Raj The U.S. has ordered Tata-group-owned Air India to pay a whopping $121.5 million as refunds and $1.4 million as penalties for extreme delays in providing refunds to passengers due to the […]

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Govt. kickstarts sale process of 2 subsidiaries of erstwhile national carrier Air India

Govt. kickstarts sale process of 2 subsidiaries of erstwhile national carrier Air India

A debt-laden Air India was sold to Tata Group in October last year for ₹18,000 crore. The actual handover to Tatas happened on January 27, 2022 A debt-laden Air India was sold to Tata Group in October last year for ₹18,000 crore. The actual handover to Tatas happened on January 27, 2022 The government has […]

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Govt. kickstarts sale process of 2 subsidiaries of erstwhile national carrier Air India

Govt. kickstarts sale process of 2 subsidiaries of erstwhile national carrier Air India

A debt-laden Air India was sold to Tata Group in October last year for ₹18,000 crore. The actual handover to Tatas happened on January 27, 2022 A debt-laden Air India was sold to Tata Group in October last year for ₹18,000 crore. The actual handover to Tatas happened on January 27, 2022 The government has […]

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Air India to induct 30 planes over next 15 months

Air India to induct 30 planes over next 15 months

The airline has signed leases and letters of intent for inducting 5 wide-body Boeing and 25 Airbus narrow-body planes The airline has signed leases and letters of intent for inducting 5 wide-body Boeing and 25 Airbus narrow-body planes Air India on Monday said it will progressively induct 30 new aircraft, including 5 wide-body Boeing planes, […]

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Air India to restore staff salaries to pre-COVID level

Air India to restore staff salaries to pre-COVID level

Air India started restoring salaries to the pre-pandemic level in a phased manner Air India started restoring salaries to the pre-pandemic level in a phased manner Air India will restore salaries that were cut in the wake of the coronavirus pandemic from September 1, according to a communication. The loss-making airline, which was taken over […]

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Air India decides to procure Airbus A350 aircraft; first plane’s delivery likely by March 2023

Air India decides to procure Airbus A350 aircraft; first plane’s delivery likely by March 2023

The Tata Group took control of Air India on January 27 after successfully winning the bid for the airline on October 8 last yea The Tata Group took control of Air India on January 27 after successfully winning the bid for the airline on October 8 last yea The Tata Group-owned Air India has decided […]

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