Tata Group’s aviation business under Air India Group has made significant strides in financial performance, according to the Tata Sons FY24 annual report.
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This week, the Cabinet of Ministers has announced a major advancement in the privatization of Sri Lankan Airlines (UL), narrowing the field of potential acquirers from six to three prominent contenders.
Air India (AI) and Vistara (UK) collectively added 93 passengers to the no-fly lists due to instances of unruly in-flight behavior.
Air India (AI) and Tata Advanced Systems are set to invest Rs 2,300 crore in various projects in Karnataka, with the potential to generate 1,650 jobs.
People familiar with the situation suggest that Tata Sons is not rushing the merger of the Air India (AI) and Vistara (UK) boards.
In a significant boost to the ‘Make in India’ initiative, Airbus Helicopters has announced a partnership with the Tata Group to establish a Final Assembly Line (FAL) for helicopters in the country.
Tata Advanced Systems Ltd (TASL) and Boeing Commercial Airplanes (BCA) have entered into a contract for the production and provision of advanced composite assemblies intended for Boeing 737 MAX, 777X, and 787 Dreamliner aircraft.
Tata-owned Air India Group, which is formed by a coalition of four carriers, has added 10 new aircraft in around 40 days.
The pilot unions have urged the DGCA to conduct a review and assessment of the situation and have requested the aviation safety regulator to implement appropriate measures to address the issue.
Tata Group’s manufacturing arm is taking steps to secure “captive” volumes of hi-tech cargo, including iPhone, for its subsidiary, Air India (AI), in anticipation of aircraft deliveries.