Singapore Airlines to investment Rs 3,194.5 crore in Air India post-merger of Vistara
Singapore Airlines is set to make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November.
Singapore Airlines is set to make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November.
An Air India flight from New Delhi to Chicago was on Tuesday diverted to Canada after receiving a bomb threat which was posted online
An Air India flight from Mumbai to New York was diverted to Delhi on Monday following a bomb threat.
An Air India Express flight to Sharjah that took off from Tamil Nadu's Tirchy International Airport at 5.40 p.m. landed back safely after developing a technical snag, an official said on Friday.
National carrier Air India on Wednesday said that flights operated by Vistara will start using the flight code 'AI2' after the merger of the two airlines next month.
January 2020: Government floats EoI for Air India privatisation. Government to fully exit Air India by selling 100 per cent.
The share purchase agreement (SPA) was given to the bidders in the meeting recently and the process will start after a formal announcement is made, following its approval by the Shah-led ministerial committee.
Recently, the government decided to waive taxes on the transfer of assets from the national carrier to Air India Assets Holding Ltd, a special purpose vehicle (SPV).
According to a Ministry of Home Affairs' notification, the air courier services have got approval for seven months from September 1, this year to March 31, 2022. The services were discontinued because of the non-approval from the Union Home Ministry.
The Central Government hereby specifies that Air India Ltd shall not be considered as 'seller' for the purposes of sub-section (1H) of section 206C of the said Act in relation to transfer of goods by it to Air India Assets Holding Ltd under a plan approved by the Central Government,"
