New Delhi: The Tata Group is hiking its stake in AirAsia India (AAIPL) from 51% to 83.67%. Tony Fernandes’ AirAsia group will have its stake reduced in this JV from 49% to 16.33%, accordingly. AirAsia Berhad informed the Malaysian stock exchange on Tuesday about selling its 32.67% stake in AAIPL to Tatas for about $37.7
Evolution of Indian Aviation with TATA Airlines : India history was made with the evolution of Indian Aviation. The lines were written in Golden words when India’s first commercial airline—Tata Airlines started in India. It was on 15 October 1932,29-year-old Jehangir Ratanji Dadabhoy Tata (JRD), landed his de Havilland DH 80A Puss Moth aircraft
Country’s most awaited air carrier i.e. TATA-SINGAPORE Airlines will be unveiling for a new brand name in sky on 11 August,2014. The airline is likely to launch its inaugural flight in Sept-Oct 2014. The details of the launching and unveiling of new brand name is as follows : Date: 11 August,2014 Time: 2:45 pm Venue