Air India
Air India and Vistara Merger
The merger of Air India and Vistara marks an important shift in the aviation landscape. This strategic move aims for enhanced efficiency and profitability. The merger is expected to save over ₹500 crore annually. It will also strengthen Air India’s ..
Month: Current Affairs - November, 2024
Category: Economy & Banking Current Affairs
DGCA: Domestic Air Traffic increases in India
The Directorate General of Civil Aviation releases reports on all Indian carriers on monthly basis. According to the recently released report of January 2023, air traffic has increased significantly. As compared to 2022, the growth of air traffic has increased ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
Air India Deal with Airbus and Boeing
The Government of India recently disinvested Air India to TATA. Since TATA took over the airlines, many changes were brought in. Air India was merged with VISTARA Airlines. The company introduced the Coruson software for real-time data acquisition, to learn ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs • International / World Current Affairs
Air India’s New Software for Real – Time Reporting of In – flight Incidents
Coruson is cloud software developed by a UK-based company called Ideagen. Air India is to use this software to increase its safety management. Coruson will help Air India in reporting in–flight incidents. And this is to be done on a ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs
Merger of Air India and Vistara
Tata Sons and Singapore Airlines (SIA) have agreed to merge Air India and Vistara to create India’s second-biggest carrier. Why is this merger significant? The Singapore Airlines (SIA) will get 25.1 per cent stake in the merged entity at an ..
Month: Current Affairs – November, 2022
Category: Economy & Banking Current Affairs
Transfer of Air India -Time Line
On January 27, 2022, the Union government transferred its shares in Air India to Tata Sons subsidiary, Talace. Key Facts Apart from Shares, its control and management were also transferred to Talace. With this, disinvestment process ended which started five ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
CCI approves acquisition of Air India stake by Tata sons
On December 20, 2021, the Competition Commission of India (CCI) approved the acquisition of Air India, Air India SATS Airport and Air India Express by Talace, a wholly owned subsidiary of Tata Sons. Key Points Currently, Air India is wholly ..
Month: Current Affairs - December, 2021
Air India Cyber-Attack
Air India has recently announced that, ten years’ worth of Air India customer data such as credit cards, passports and phone numbers were leaked in a cyber-attack on its data processor in February 2021. Cyber-attack has affected about 45 lakh ..
Month: Current Affairs - May, 2021