Highlights

  • The Tatas took over Air India and Air India Express in January
  • Tatas emerged as the winning bidder for loss-making Air India
  • Tata Sons holds the majority 51% stake in Vistara

Latest news

Twitter rejoices India's U19 T20 Women's World Cup victory!

Twitter rejoices India's U19 T20 Women's World Cup victory!

UK PM Rishi Sunak removes Tory party chief over tax penalty row

UK PM Rishi Sunak removes Tory party chief over tax penalty row

IND vs NZ, 2nd T20I: India edge out New Zealand in a low scoring thriller to tie series 1-1

IND vs NZ, 2nd T20I: India edge out New Zealand in a low scoring thriller to tie series 1-1

UK: Indian-origin man's body found after months of search

UK: Indian-origin man's body found after months of search

Rahul Gandhi targets BJP, RSS on eve of Bharat Jodo Yatra culmination in Srinagar

Rahul Gandhi targets BJP, RSS on eve of Bharat Jodo Yatra culmination in Srinagar

Tata Sons to bring all its airlines together under Air India

With regards to making all this official, the report adds that an announcement is expected within a week

In a major move to make Air India the second largest airline in the country, Tata Sons have reportedly started the process to bring all its airlines under one umbrella of Air India.

With this consolidation process, all its airline entities – Vistara, AirAsia India and Air India Express will reportedly come under Air India.

According to a report in the Economic Times, Tata Sons has started this process after holding several rounds of discussions with Singapore Airlines (SIA). If the process gets executed as planned, Air India could become the second largest airline in the country, especially in terms of fleet and market share, as per the report.

Tata Sons will have a low-cost carrier and a full-service airline under Air India post this merger, which may take more than a year to start properly functioning under the umbrella firm.

The Tatas took over Air India and Air India Express in January. In October 2021, Tatas emerged as the winning bidder for loss-making Air India. It offered a bid of Rs 18,000 crore, comprising a cash payment of Rs 2,700 crore and taking over the carrier's debt worth Rs 15,300 crore.

Up Next

Tata Sons to bring all its airlines together under Air India

Tata Sons to bring all its airlines together under Air India

Budget 2023: What does the middle-class want

Budget 2023: What does the middle-class want

Budget 2023: What can taxpayers expect?

Budget 2023: What can taxpayers expect?

Bloodbath on Dalal Street, Adani stocks collapse

Bloodbath on Dalal Street, Adani stocks collapse

Budget 2023: What homebuyers can expect?

Budget 2023: What homebuyers can expect?

Elon Musk is now Mr. Tweet on Twitter

Elon Musk is now Mr. Tweet on Twitter

More videos

IBM cuts 3,900 jobs as tech layoffs continue

IBM cuts 3,900 jobs as tech layoffs continue

Budget 2023: Budget terms explained; Cess & Revenue Deficit

Budget 2023: Budget terms explained; Cess & Revenue Deficit

 Budget 2023: Tax & Non-tax revenue; Key terms explained

Budget 2023: Tax & Non-tax revenue; Key terms explained

Netflix's new co-CEOs confirm the end of password sharing

Netflix's new co-CEOs confirm the end of password sharing

Tech layoffs: Indian IT professionals now jobless scrambling for options to stay in the US

Tech layoffs: Indian IT professionals now jobless scrambling for options to stay in the US

Budget 2023: Fiscal deficit, direct & indirect tax; Key terms explained

Budget 2023: Fiscal deficit, direct & indirect tax; Key terms explained

Report says 88% young Indians are looking for a job change in 2023

Report says 88% young Indians are looking for a job change in 2023

Budget 2023: Travel, Tourism & Hospitality industry's expectations

Budget 2023: Travel, Tourism & Hospitality industry's expectations

Budget 2023: Here's what Agro-chemicals industry body ACFI wants

Budget 2023: Here's what Agro-chemicals industry body ACFI wants

Budget 2023: What's the insurance industry demanding?

Budget 2023: What's the insurance industry demanding?

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.