Air India to be handed over to Tata Group
After a long journey of 69 years, Air India is set to be officially handed over to Tata Group. Tata Group Chairman N Chandrasekhar is in Delhi to witness the formal transfer.
"Officially, Air India hands over to Tata Group today in the afternoon. Tata Group Chairman N Chandrasekaran will be in the ministries for the official handover process," a senior government official said.
A formal announcement from the Tata Group regarding the official handover process will be made on January 27.
Maharaja is the official mascot of Air India, which operates globally apart from domestic operations. According to the available data in 2020, "Air India operates around 101 destinations including 57 domestic operations including 33 countries on four continents worldwide."
Aviation experts say that Air India is carrying a substantial number of the latest aircraft in its fleet from Airbus and Boeing, which is Air India's strength.
Air India code share with Star Alliance and operates 172 wide and narrow-body aircraft globally with Air India Express, including domestic operations.
Recently, Vinod Hejmadi, Director Finance, Air India, emailed employees and said, "Air India disinvestment has been decided to take place on January 27, 2022."