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
American Airlines Reports Record Q2 2026 Revenue of $16.7 Billion, Driven by Premium Demand
Hawaiian Airlines to Retire Boeing 717s and Introduce Boeing 737-800 Fleet for Inter-Island Operations
Air India Selects New York JFK’s Terminal 6 for Operations Starting in 2028
JetBlue Awarded Spirit Airlines Slots at New York’s LaGuardia Airport
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.