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Air India Limited
Airline holding company of Air India From Wikipedia, the free encyclopedia
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Air India Limited is an Indian aviation holding company, notably consisting of Air India and Air India Express, headquartered in Gurgaon. The company is owned by Tata Group (74.9%) and Singapore Airlines (25.1%). Until 2022, it was a central public sector undertaking under the ownership of Government of India and administrative control of Ministry of Civil Aviation.
Air India Limited was incorporated on 30 March 2007 as the National Aviation Company of India Limited to oversee the merger of Air India and Indian Airlines.[4] It was renamed as Air India Limited on 26 October 2010.[5]
Air India Limited was privatized through its sale to the Tata Group. On 8 October 2021, Tata Sons paid ₹180 billion (US$2.44 billion) to Government of India, with Tata also assuming ₹153 billion (US$2.07 billion) of Air India Limited's debt as per the transfer deal.[6][7] The remaining ₹462.62 billion (US$6.26 billion) of Air India Limited's debt was also transferred to AlAHL.[8][9]
The Tata Group requested approval from the CCI to merge AirAsia India and Vistara with Air India Limited in April 2022,[10] which was granted on 14 June 2022.[11] After the completion of Vistara's merger with Air India in 2024, Singapore Airlines obtained a 25.1% stake in Air India Limited.[12]
On the anniversary of the airline's founder J. R. D. Tata's birth in 2023, its headquarters in Gurgaon was inaugurated.[13]
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Structure
Corporate structure
| Air India Limited | |||||||||||||||||
| Air India Express Limited | AI SATS Airport Services Private Limited | ||||||||||||||||
On 15 April 2022, Alliance Air was no longer a subsidiary of Air India Limited. Alliance Air is now the only airline under the control of the Government of India.[14]
See also
References
External links
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