Tata Group wants to bring four different airline brands under the umbrella of Air India Limited. After the merger, the four Tata Group airlines, including Air India, Vistara, Air India Express, and Air Asia India, will do business with the brand name 'Air India' in the future. People with knowledge of the matter have said that with this move the giant Tata Group is trying to revive its faltering aviation business.
According to sources, India's largest conglomerate is also considering scrapping the Vistara brand, which is the local arm of Singapore Airlines Limited in India and a Tata Group affiliate. According to sources, on the condition of anonymity, it has been said that this plan is very private. One of the people with knowledge of the matter has said that Singapore Airlines is evaluating the size of the stake in the combined entity.
However, representatives of Tata Group, Air India, and Vistara are yet to respond to queries in this regard. At the same time, in a statement issued by Singapore Airlines, it has been said that talks are going on between Tata and SIA. The statement echoes what was said during an exchange filing on October 13. According to him, SIA and Tata Group are working on further strengthening their partnership. Under this, Air India and Vistara can be merged.
Air India is gearing up for a turnaround under the leadership of its new owner, the Tata Group. The full-service airline provider is considering the purchase of 300 small-body aircraft. If the order for the purchase of these aircraft is placed, it will be the biggest order in the aviation industry so far. Air India chief executive Campbell Wilson had said last month that the airline was looking to triple its fleet of 113 aircraft over the next five years. Their aircraft fleet will have both narrow-body and wide-body aircraft.
Air India is also preparing to raise at least one billion dollars in a funding round. If this happens, the valuation of the company will be around five billion dollars. The experts on this matter informed me about this in September last. Air India is also working on plans to add 25 Airbus SE and five Boeing Co planes to its fleet by December.
IND vs AUS: Australian opener's condition is also like Rohit Sharma, the former captain said- take retirement after Sydney test
Australian opener Usman Khawaja's condition is similar to that of Indian captain Rohit Sharma at the moment. Khawaja's performance in the year 2024 was poor and he is being advised to retire from Test
PM Modi On America Allegations: 'We will look into...', PM Modi's statement on the Pannu murder case surfaced for the first time
PM Modi On America Allegations: Indian Prime Minister Narendra Modi interviewed with the Financial Times on Wednesday. During this, PM Modi, while responding to the allegations of conspiracy to murder
Revealed in leaked documents, secret plan in two parts: Russia wants to occupy Belarus by 2030, army will not be used
Russia, which attacked Ukraine on 24 February 2022, also wants to capture neighboring and friendly country Belarus by 2030. Ukraine's largest newspaper 'Kyiv Independent' has made this claim based on
IPL New Rule: IPL announces 'Tactical' Substitute' rule, the team will field with 11 not 15 players
The Indian Premier League (IPL) is one of the most popular leagues in the world. The excitement will double in this season of the league, as ahead of the 15th season, the Indian Premier League
Pune Porsche Case: Blood samples of the teenager's mother were taken, and sent to a lab for DNA testing in the swap case
Two IT engineers lost their lives in a Porsche car accident in Pune, Maharashtra. The car driver, a 17-year-old teenager, was drunk at the time of the incident, and on Saturday, the police arrested
'Flaws in India's electoral system': BJP reacts to Rahul Gandhi's statement in Germany, says Congress hates the country's progress.
The Bharatiya Janata Party (BJP) has strongly criticized Congress leader Rahul Gandhi. The BJP targeted Rahul Gandhi over his speech in Berlin and accused the Congress leader of spreading anarchy in
International Mother Language Day: Amit Shah said - use your language more and more, and the country will be prosperous
On the occasion of International Mother Language Day, Union Home Minister Amit Shah congratulated the people on Tuesday. He said that this is an opportunity to connect with the mother tongue and take
Bangladesh: Mohammad Yunus said thank you for India's help, told the doctors - You have a very big heart
Mohammad Yunus, Chief Advisor of the Interim Government of Bangladesh, praised the team of 21 foreign physicians and nurses, including Indian doctors. On Sunday, Mohammad Yunus met the medical team of
Violence at iPhone plant in China due to Corona restrictions: Guards-workers clashed; Employees angry about food, medicine and salary
Violence has started in China's iPhone plant over strict corona restrictions. Hundreds of workers clashed with security personnel at an iPhone maker Foxconn Technology plant in Zhengzhou. Many videos
Why did R Ashwin silence the panelist as soon as MS Dhoni's name came up? He said- don't talk about him...
Chennai Super Kings are in poor form in IPL 2025. CSK has won only two out of 7 matches so far and is at the last position in the points table. The CSK team will have to do a miracle to move ahead.
