Air India is expected to post a loss of INR 140bn as of end-FY23, which includes write-offs on old jets and engines. Tata Sons had invested an estimated INR 130bn in Air India in FY23 through its whol...
In an interesting development, Tata Sons name is being popped up as a possible investor in cash-strapped SriLankan Airlines by local media. The Sri Lanka government is planning to privatise the airlin...
Air India is planning to use ChatGPT-driven chatbot and various other initiatives as part of modernising its digital systems as a part of second leg of Vihaan.AI transformation programme. The airline ...
Tata Group has filed an application with anti-trust regulator the Competition Commission of India (CCI) seeking its nod for the proposed Air India, Vistara merger. According to the filings, Vistara wi...
Air India plans to finance its mega aircraft order through a combination of three options using cash flow, equity by parent Tata Group, and sale and leaseback over the next few years, the airline’s ch...
Air India is stealing the show yet again by fast-forwarding the Air India-Vistara merger process. Since last month, the Tata-owned Air India has been making headlines, be it the news of mega-merger an...
The historic order by Air India is already taking the global aviation industry by a wave as the news of 470 aircraft order has just begun to sink in, it has come to light that Air India has options to...
Air India has sealed the historic deal of 500 aircraft dividing the order between Airbus and Boeing. The airline has agreed to purchase 250 Airbus jets with 210 single-aisle A320neos, 40 widebody A350...
Air India is almost on the verge of closing the historic deal of over 400 aircraft with Airbus and Boeing. Although it was initially speculated that the airline might place an order of 235 single-aisl...
Tata Sons plans to invest $1.5 to $1.8bn in the new airline to be created after the Air India-Vistara merger, Mint reports. The investments will be made from the proceeds received as dividend income f...
AIX Connect, previously known as AirAsia India, is all set to launch 21 new flights from the Indian city of Surat, Gujrat to multiple locations across India with an aim to capture the domestic market....
Vistara received an equity investment of millions of dollars about a couple of weeks before announcing the proposed Air India-Vistara merger deal, reports Business Standard. As per the sources, the in...
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