1/ Life indeed comes to a full circle, and the Maharaja is back home!
Airlines is a tough #business. I hope the recent acquisition of Air India by Tata Group brings back the glorious days of the airline.
Airlines is a tough #business. I hope the recent acquisition of Air India by Tata Group brings back the glorious days of the airline.
2/ There was a time when Air India's in-flight service was among the best in the world.
The government, though, for years had been trying to sell the airline, which had racked up losses worth $9.5bn.
The government, though, for years had been trying to sell the airline, which had racked up losses worth $9.5bn.
3/ This year, my family and I had planned our travel at various times from Bengaluru to San Francisco non-stop via Air India flight. Most frustrating. They canceled on us twice with just 1 day's notice.
4/ The flights were booked 2 months in advance! And our bad luck, this happened a total of six times! It’s never a good feeling to have your plans upended last minute, several times.
5/ The journey of Air India:
1932: Tata Sons, helmed by business tycoon JRD Tata, launches Tata Airlines
1946: It becomes a public company and is renamed Air India
1948: The govt of India acquires a 49% stake in the carrier
1953: The government nationalizes Air India
1932: Tata Sons, helmed by business tycoon JRD Tata, launches Tata Airlines
1946: It becomes a public company and is renamed Air India
1948: The govt of India acquires a 49% stake in the carrier
1953: The government nationalizes Air India
6/ 2007: Air India merges with Indian Airlines, a govt-owned airline that only operated domestic routes
2007-08: Air India continues to post losses
2018: An attempt to sell a 76% stake in the airline attracts no bidders
2019: Air India posts a net loss of ₹36,290 Cr
2007-08: Air India continues to post losses
2018: An attempt to sell a 76% stake in the airline attracts no bidders
2019: Air India posts a net loss of ₹36,290 Cr
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