Tata Sons wins Air India Bid for INR 18,000 crore

TBM Staff | Mumbai Friday, 8 October 2021, 7:55 PM

Tata Sons has won the bid to acquire national carrier Air India today. The salt-to-software conglomerate placed a winning bid of INR 18,000 crore re-acquire the airline more than half a century after it ceded control to the government. Apart from 100 per cent stake in Air India and its low-cost Continue Reading

Reports of Tata Group winning Air India bid ‘incorrect’: Govt

TBM Staff | Mumbai Friday, 1 October 2021, 4:56 PM

The government has denied media reports that Tata Group has won the bid for the debt-laden Air India. Bloomberg had reported earlier that salt-to-software conglomerate would re-acquire the national carrier more than half a century after ceding control to the government. “Media reports indicating approval of financial bids by Government of India in the AI […]Continue Reading

Tata Sons wins bid for Air India: Govt Sources

TBM Staff | Mumbai Friday, 1 October 2021, 1:04 PM

Tata Sons has won the final bid for acquiring national carrier Air India, according to government sources. The salt-to-software conglomerate had submitted the final bid for the airline on September 15 and emerged as the frontrunner to acquire the airline. While SpiceJet promoter Ajay Singh had also submitted a bid for the airline, government sources […]Continue Reading

Air India to operate three flights a week on London-Kochi sector from Aug 22 to enhance Europe connectivity

TBM Staff | Mumbai Sunday, 15 August 2021, 1:12 PM

The Cochin International Airport Ltd (CIAL) on August 14 said it has proposed to schedule three flights a week from London to Kochi from August 22, to enhance Europe connectivity. Air India will operate services on Sunday, Wednesday and Friday in the LHR-COK-LHR sector from August 22. S Suhas, MD, CIAL, said the updated schedule […]Continue Reading

Air India to restart Kochi-London direct flights from August 18

TBM Staff | Mumbai Sunday, 8 August 2021, 12:00 PM

Cochin International Airport Limited (CIAL) and Air India have joined hands to relaunch direct London services from Kochi after the United Kingdom (UK) moved India from its Red to Amber list, a categorisation created for facilitating international travel during pandemic times. Accordingly, Air India will operate Heathrow-Kochi-Heathrow services on Wednesdays from August Continue Reading

1.13 lakh domestic air passengers in June, 47% higher than in May: DGCA

TBM Staff | Mumbai Tuesday, 20 July 2021, 10:40 AM

Around 31.13 lakh domestic passengers travelled by air in June, 47 per cent higher than the 21.15 lakh who travelled in May, the country’s aviation regulator said Monday, reports PTI. According to the Directorate General of Civil Aviation (DGCA), 57.25 lakh people had travelled within the country by air in April. The drop in domestic […]Continue Reading