Annual report shows Tata Group's aviation business more than halves loss in FY24
Mumbai/IBNS: Tata Sons FY24 annual report revealed that the Tata Group's aviation business narrowed losses to Rs 6,337 crore from Rs 15,414 crore in the previous fiscal year.
Bengaluru/IBNS: The Air India Group on Wednesday (Sept 4) officially commenced the construction of a major Maintenance, Repair, and Overhaul (MRO) facility, which is set to be built on a 35-acre site at Kempegowda International Airport in Bengaluru with an initial investment of Rs 1,400 crore.
Vistara to operate its farewell flight on November 11 before merging into Air India
New Delhi/IBNS: Vistara, a joint venture of Tata Sons Private Limited and Singapore Airlines Limited (SIA), has announced that it will operate in final flight on November 11, a day before officially merging into Air India.
Singapore Airlines gets India's FDI clearance for Air India-Vistara merger
New Delhi/IBNS: Singapore Airlines (SIA), the flagship carrier of Singapore, on Friday (August 30) said it has received approval from the Government of India for foreign direct investment (FDI), as part of a merger in which Vistara, its 49 percent-owned joint venture with Tata, will be absorbed into Air India, reports said.
New Delhi/IBNS: Air India on Monday (July 1) announced that it will set up a flying training organisation (FTO) in Maharashtra’s Amravati, and make it operational by early 2026.
NCLT gives nod for Vistara-Air India merger
Chandigarh/IBNS: The National Company Law Tribunal (NCLT), a quasi-judicial body in India that adjudicates issues relating to Indian companies, at Chandigarh has given its nod for a merger between two airline companies -- Air India and Vistara.
Air India hikes salaries, announces performance bonus for pilots
Tata Group-owned Air India Thursday announced a salary hike of up to Rs 15,000 for pilots besides an annual performance bonus of up to Rs 1.8 lakh with effect from April 1.
Air India, MedAire collaborate to provide emergency healthcare services to passengers
Tata-owned aviation major Air India has announced its partnership with MedAire, an aviation medical support provider, to ensure emergency healthcare services to its passengers and crew on board its flights.
Air India recruited over 5,700 staff members in FY24 as part of its f-yr revival plan
Mumbai: Air India recruited over 5,700 staff members, with over 3,800 comprising the flying crew in the FY24, as a component of its five-year revival strategy aimed at restoring the airline's fortunes, media reported citing the airline's statement.
Air India transforms 'Flying Returns' loyalty programme to offer greater rewards to members
Indian aviation major Air India on Wednesday launched its transformed Flying Returns loyalty programme, introducing a simplified new structure, more customer-friendly features, renamed tiers, and an updated identity.
Singapore's anti-trust watchdog okays Vistara-Air India merger
Singapore's anti-trust regulator announced its approval of the merger between Air India, owned by Tata Group, and Vistara, a joint venture between Tata and Singapore Airlines, subject to certain conditions, Reuters reported.
Air India appoints P. Balaji as Group Head GRC & Corporate Affairs
Gurugram: Air India Wednesday announced the appointment of P. Balaji in a newly created role of Group Head- Governance, Regulatory, Compliance (GRC) and Corporate Affairs.
Tata-owned Air India receives India's first Airbus A350 aircraft
Tata-owned Air India on Saturday (December 23, 2023) welcomed the first of 20 Airbus A350-900 aircraft, registered VT-JRA, in the airline’s bold new livery, marking a turning point in its ongoing transformation story.
Air India gets DGCA approval for A350 engineering maintenance
Gurugram: Air India has received the DGCA approval for engineering line maintenance of A350 and A320 aircraft, the Tata Group-owned airline said on Friday.
Air India’s IT infrastructure is now cloud-only, historic data centres closed
Gurugram: Tata Group-owned carrier Air India has successfully migrated to cloud-only IT infrastructure, having closed its historic data centres located in Mumbai and New Delhi, an official release said on Tuesday.