India’s Tata Group took control of state-run carrier Air India on Thursday, finalising a $2.4 billion deal to regain ownership of the airline after nearly 70 years.
→ EU retains ban on Pakistan Airlines flight despite ICAO audit.
The auto-to-steel conglomerate in October won the bid to take over Air India, seen as a victory for Prime Minister Narendra Modi’s government that for years struggled to privatise the financially troubled airline.
“We are excited to have Air India back in the Tata Group and are committed to making this a world-class airline,” Tata Sons chairman N Chandrasekaran said in a statement.
Related Topics
Southwest to Open New Crew Base in Austin, Creating Over 2,000 Jobs
Aer Lingus to Fly Between Dublin and Pittsburgh Starting May 2026
Royal Air Maroc Announces First Non-Stop Service Between Casablanca and Los Angeles
BlueHouse: JetBlue to Open Its First VIP Lounge at New York’s JFK Airport
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.