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India: Tata Group loses 1.8 billion dollars

Rebranding operation starts for Air India at a delicate moment

India's Tata Group, which controls air carriers Vistara and AirAsia India, has released results for the 2022-2023 financial year. Consolidated losses relating to the balance sheets of its two airlines amount to more than 1.5 billion dollars. Meanwhile, today the Air India company presented its new red, white and purple logo, a rebranding operation that comes at a particularly delicate moment. Returning...

Gic - 1253165
New Delhi, Delhi, India, 08/10/2023 15:48
AVIONEWS - World Aeronautical Press Agency

AirlinesAir India purchases 250 aircraft

The contract involves the A-320neo and A-350 aircraft

The State-owned air carrier Air India (controlled by the Tata Group) today finalized a purchase for 250 aircraft produced by the European manufacturer Airbus: these are 210 airplanes of the A-320neo narrowbody... more

AirlinesTata Group takes back control of Air India

Government pays back 8.2 billion dollars in losses, privatization after 70 years

After almost 70 years of State ownership, the national carrier Air India (and low-cost subsidiary Air India Express) is back under the control of the Indian conglomerate Tata. The privatization agreement,... more

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