Articles tagged “tata”

Airlines

Air India Lining Up a Record Order for Up To 500 Aircraft

The order could be worth tens of billions of dollars, sources say, and rank among the biggest ever made by a single airline. It speaks volumes about Air India's determination.

Tim Hepher and Aditi Shah, Reuters | 6 months ago

Air India Lining Up a Record Order for Up To 500 Aircraft

News Blog

AirAsia to Now Launch a Low-Cost Carrier in Cambodia

AirAsia Aviation Group on Friday announced a joint venture with Cambodia-based Sivilai Asia to launch a new low-cost carrier — AirAsia Cambodia. The airline, in which AirAsia will be the majority partner, expects to commence operations in late 2023. Cambodia is the fifth Southeast Asian destination that AirAsia will be foraying into after Malaysia, Indonesia,…

Peden Doma Bhutia | 6 months ago

News Blog

Air India Announces Major Fleet Expansion, to Introduce Premium Economy

Air India, the erstwhile Indian state carrier which had been bought by the Tata Group in a $2.4 billion deal earlier this year, announced on Monday that it would look to progressively induct 30 new aircraft from December onwards, over the next 15 months. With the succesful induction of the 25 narrow-body and five wide-body…

Peden Doma Bhutia | 9 months ago

Airlines

Tata Takes Back Control of Air India in $2.4 Billion Deal

The government sale puts the airline, which Tata originally founded in 1932, back into the hands of Indian conglomerate. The country's politicians will be relieved.

Aftab Ahmed, Reuters | 2 years ago

Tata Takes Back Control of Air India in $2.4 Billion Deal

Airlines

Conglom Tata Sons Expected to Bid for State-Run Carrier Air India

There's a lot on offer, including 900 slots across overseas airports and a stake in a cargo and ground handling outfit. But taking on an airline after such a disastrous year would be a major gamble.

Aditi Shah, Reuters | 2 years ago

Airlines

AirAsia’s India venture will only sell tickets through Expedia

The Indian aviation market isn't exactly the most healthy business market, and you would expect AirAsia to want to have as wide a distribution network as possible, instead of just working with its JV partner Expedia.

Skift | 10 years ago

Airlines

AirAsia’s future India hub city of Chennai excited about benefits to its travel economy

Chennai, formerly Madras, has been a relatively sleepy travel hub in India, amidst all the activity in Delhi, Mumbai or even Hyderabad. This move will surely have big benefits to the local economy, and likely will spur more hotel and infrastructure development.

Skift | 10 years ago

Airlines

AirAsia’s India launch may come with free seats to grab marketshare

AirAsia will come in with a big splash, but will have to sustain the cost structure long term and learn from past failures of players before them.

Karthikeyan Sundaram, Bloomberg | 10 years ago

AirAsia’s India launch may come with free seats to grab marketshare

Airlines

AirAsia’s India foray will have big headwinds, including endemic red tape

While going into India with Tata is a very smart move, AirAsia will not change the economics of Indian aviation market overnight. This will require more patience and political dexterity than existing players have shown.

Karthikeyan Sundaram, Bloomberg | 10 years ago

AirAsia’s India foray will have big headwinds, including endemic red tape

Airlines

AirAsia to invest up to $60 million in new Indian airline with Tata

This could end up changing everything about the beleaguered Indian aviation market, and what a comeback story it would be for Tata, the first company to launch an airline in India in 1932.

Siddharth Philip, Bhuma Shrivastava, Bloomberg | 10 years ago

AirAsia to invest up to $60 million in new Indian airline with Tata