As tension between Ukraine & Russia escalates, Air India sends special flight to bring back Indians
Over 20,000 Indian students and nationals live in various parts of Ukraine.
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India-Maldives clocks 46 years of air service, Air India flight gets water cannon salute
“Transport Bubbles” are temporary pacts between two countries for resuming commercial passenger assistance while regular international flight suspension proceeds.
Tata Group officially takes over Air India from the government
In October last year, the government had sold Air India to Talace Private Limited- a subsidiary of the Tata group's holding company- for ₹18,000 crore.
Air India resumes flight operations to the US after FAA approval
Air India received technical clearance from Federal Aviation Administration to start flying its Boeing 777 aircraft from January 20, the national carrier of India said in a statement.
Air India lenders to offer ₹35,000 crore in loan to Talace: Report
The lenders are likely to be informed by Tata about the allocation in the first week of January.
Tata Group receives green signal from CCI to acquire Air India
On October 8 the Tata Sons had won the bid for Air India.
Four major Airlines owe AAI ₹2,700 crore in dues
Air India owes about ₹2,350.62 crores, Alliance Air owes ₹109.81 crores, SpiceJet Ltd ₹185.52 crores, and GoAir ₹56.53 crores to the Airport authorities.
India and Singapore in talks to restore commercial flights: Report
Currently, the Vande Bharat Mission allows only government charter relief aircraft from Singapore to convey passengers to India (VBM).
Government employees no longer bound to travel by Air India: GOI
Moreover, Air India will stop offering government officials credit facilities and hereafter require them to make purchases of tickets with the use of cash.
Government approves share purchase deal with Tata Sons for ₹18,000 crore Air India agreement
Tatas defeated the Rs 15,100-crore offer by a consortium led by SpiceJet promoter Ajay Singh and the reserve price of Rs 12,906 crore set by the government to sell its 100 per cent stake in the loss-making carrier.
Government plans to raise over ₹30,000 crores via bond sale to solve Air India’s debt issues: Report
Tata Sons acquired the deal to purchase a debt-laden airline with a winning bid of Rs 18,000 crore, of which the debt took over by Tata will be Rs 15,300 crore while Rs 46,262 crore will continue with AIAHL.
Tata Sons wins bid to acquire Air India: Government
Talace Private Limited, an entity of Tata Sons, will be acquiring a 100 per cent stake in the carrier as part of the acquisition.
Government puts down reports claiming Tata Group as the winner of Air India bidding
The rumours began to surface after Bloomberg had reported earlier that the conglomerate would re-acquire the national airline 68 years after relinquishing its control to the government when Air India was nationalised in 1953.
Tata Sons wins bid for Air India, offers higher bid than SpiceJet: Report
The formal statement is likely to arrive in the coming days. This is a breakthrough in the government's privatisation initiative and will give back Air India to its owners after nationalising it in 1953.
Disinvestment process for Air India begins as Financial Adviser receives bids
The Tata Group, through its holding company and SpiceJet chairman Ajay Singh, is likely to make its financial bid for the airline in its personal capacity.
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