Singapore Airlines keen on overseas hub; terms India as key growth area

TBM Staff - Mumbai Thursday, 2 June 2022, 12:00 PM

Singapore Airlines Ltd. is committing to a strategy of working with international partners and establishing overseas hubs after the pandemic exposed the financial dangers of not having a domestic air travel market, reports Bloomberg. The airline is open to opportunities and will evaluate Continue Reading

Air India’s handover to Tatas today

TBM Staff - Mumbai Thursday, 27 January 2022, 1:06 PM

Air India will get a new Board on Thursday as the airline sees a change of guard. The government of India will formally transfer the reins of the airline to Tata Sons, which won the bid for the airline as part of a privatisation process. “Air India will hold its final Board meeting today. The […]Continue Reading

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 arm, Air India Express, […]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