TBM Staff - Mumbai
Singapore Airlines Ltd (SIA) today said it would emerge as a 25.1% owner of Air India, as part of a deal that would merge its Vistara full-service airline joint venture with Tata Sons, into India's
TBM Staff - Mumbai
Tata Sons Ltd, the holding company of the Tata group, plans to raise USD 4 billion to infuse fresh capital into Air India and refinance costly debt, according to a report by Mint, citing two
TBM Staff - Mumbai
Tata Sons will likely have to make a provision of INR 26 billion (USD 325.69 million) as accumulated losses for low-cost carrier AirAsia India, which it's seeking to absorb into unit Air India and merge
TBM Staff - Mumbai
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
TBM Staff - Mumbai
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
TBM Staff - Mumbai
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
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