Tata Projects will construct the Noida International Airport in Greater Noida. Yamuna International Airport Private Limited is a 100% subsidiary of Swiss developer Zurich Airport International AG and has been included as a Special Purpose Vehicle to develop Noida Airport.
Tata group
Tata Group-owned Air India has instructed its employees to depart government-owned housing estates by July 26. Know more
The airline will also begin daily direct service on the Mumbai-Coimbatore route beginning May 27 and double the number of daily flights on the Bengaluru-Coimbatore route from June 3.
A piece of recent information suggests the two airlines could merge by the end of next year. Long before the Tata Group officially took over Air India, whispers about the airline’s likely merger with Vistara started floating about.
Vistara, the Tata Group, and Singapore Airlines joint venture declared its daily route connecting London Heathrow with Delhi, the Indian capital.
The Tatas have begun the task of consolidating their airline’s businesses through a proposed merger — of AirAsia India Pvt Ltd (AAIPL) with Air India (AI) — and bringing together all these entities under one roof at a mega office in Gurgaon.
TataNeu, the Tata group’s superapp, will shortly add two more brands to the platform: Air India and Vistara. Know more
For its wide-bodied A350XWBs, Airbus is in talks with the Tata group and other domestic carriers, according to India chief Remi Maillard.
Air India has been controlled by the Tata Group since its disinvestment last year. The Centre will not deal with the Air India issues.
N Chandrasekaran, CEO of Tata Sons, has been appointed chairman of Air India, which the Tata Group regained control of after 69 years