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2 mins read

Indian aviation sector now down to just a single full-service carrier, ahead of Vistara's merger with Air India

India's aviation sector is about to undergo a major change. Vistara is merging with Air India. This…

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Domestic air passenger traffic grows to about 138.9 million in May, sees 5.1% annual increase: Icra

Domestic air passenger traffic grew 5.1 per cent year-on-year to an estimated 138.9 million in May …

PTI   


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6 mins read

Opinion: Driving India's Freight Revolution—Here's how the path to zero-emission trucking in the country looks like

India takes a big step towards green transport with the PM E-DRIVE scheme. The scheme supports the …

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2 mins read

Tata Sons reportedly wins bid to takeover the ‘Maharaja’

SpiceJet founder Ajay Singh was also among the bidders, as per reports. Business Insider has rea…

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4 mins read

Singapore Airlines to get 25.1% stake in enlarged Air India group

The November 2022 deal between Singapore Airlines and Tata Sons to further inject USD 267 million i…

ANI   


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Tata's mega aviation merger is poised for flight, but the skies are not clear yet

It’s been less than a decade since the Tatas re-entered the aviation sector – via joint ventu…

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2 mins read

Venture debt firm Stride Ventures closes a $200 million fund

Venture debt firm Stride Ventures closes a $200 million fund .

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2 mins read

Air India says Alliance Air is no longer its subsidiary – here’s what it means for flyers

What this means for passengers flying on tickets carrying flight numbers starting with certain c…

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3 mins read

Jet Airways stock soars 47% as it’s all set to fly, but fuel costs, new players indicate turbulence ahead

Three years after it was grounded, Jet Airways is all set to fly again in July-September with a new…

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1 min read

New Air India CEO declines the role at the last moment, says Indian media ‘coloured’ his appointment

Tata Sons, which bought debt-laden ‘Maharajah’ from the government five months back, has reportedly…

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1 min read

Weeks ahead of divestment, Air India faces multiple threats of being grounded

The troubles of debt-laden Air India do not seem to come to an end. Even as the government is …

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2 mins read

Air India handover to Tata Group delayed further

In October, the government accepted the highest bid made by a Tata Sons company for 100 per cent…

PTI   


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1 min read

Tatas may look at bidding for Air India even as its two airlines strap on losses

“Ideally it should be a Vistara decision, not a Tata Sons decision. I’m not going to run a third…

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2 mins read

Indian government is looking to sell Air India but may keep its debt

The sale of Air India has been contemplated for years, unsuccessfully. An attempt made in 2018 fail…

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3 mins read

Govt working on debt issue of Air India to attract buyers: Secy

The domestic aviation market has grown at a cumulative rate of 16 per cent in the last 4-5 years a…

PTI   


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3 mins read

Tata Group gets loan commitment from SBI-led consortium to run Air India

Sources said the SBI-led consortium has agreed to grant both term loans and working capital loa…

PTI   


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2 mins read

Indian government sweetens Air India sale by slicing its debt burden by more than half

Air India is straddling a debt of ₹60,000 crore, and that has put a dampener on the government’s pl…

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3 mins read

Air India may opt for a BSNL-like voluntary retirement scheme to shed employee cost along with debt

The government wants to ensure that Air India is sold this time around, as it has also cut down the…

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1 min read

Tata Sons buys ‘Maharajah’ for $2.39 billion from the Indian government

Relishing the acquisition of Air India, Ratan Tata, former chairman of Tata Sons tweeted, …

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1 min read

Tata Sons submits financial bid for Air India, SpiceJet's Ajay Singh still in the race

Tata Sons has submitted a financial bid for Air India, among other bidders.