NEW DELHI: The Tata Group is increasing its participation in AirAsia India (AAIPL) from 51% to 83.67%. Tony Fernandes’ AirAsia The group will see its participation in this JV reduced from 49% to 16.33%, accordingly. AirAsia Berhad informed the Malaysian stock exchange on Tuesday about the sale of its 32.67% …
Read More »Tatas to go solo for Air India EoI, plans to co-opt Singapore Airlines later
If Air India enters their fold, Tatas’ combined market share in the Indian domestic aviation market will be around 23%, 10% higher than SpiceJet. Topics Tata Group | Air India | Singapore Airlines Salt-to-steel conglomerate Tata Sons is likely to file an expression of interest (EoI) for state airline Air …
Read More »From small businesses to farmers, central India drives demand
NEW DELHI / MUMBAI: Manish Mehra, owner of Washex Hospitality, an industry laundry service, recently flew from Delhi to Jodhpur, a city in northwestern India, to secure a contract to service a large government-run hospital, an essential step in getting his business up and running. “For a new relationship it …
Read More »Reliance Jio users get onboard connectivity on international flights; Plans start at Rs 499 per day
Every time you’ve been on an international flight, you probably would have winced at the expensive in-flight Wi-Fi prices. If you really needed it, you would have taken the bullet and paid. Otherwise, you would have watched a movie on your iPad or on the inflight entertainment system. Or maybe …
Read More »Rahul Bhatia’s InterGlobe bankrupt Virgin Australia
[ad_1] NEW DELHI: InterGlobe Enterprises (IGE) is considering Australia’s second largest airline Virgin australia Holdings, which filed for bankruptcy last month amid the coronavirus pandemic. While IGE said it “does not comment on speculation as a rule,” it is known that it is reviewing the tender for Virgin Australia and …
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