Tag Archives: Tata Sons

Why the Jet Airways acquisition will be good for the Tatas

VT-JAX Jet Airways Boeing 737 MAX 8. Image copyrighted. Do not reproduce.

The potential of the Tatas acquiring the beleaguered Jet Airways, raises a lot of questions. Bangalore Aviation presents an operational analysis on where and why the acquisition makes sense and what it would need to go through. This analysis focusses on the Tatas acquiring Jet and merging it with Vistara, the brand of Tata SIA Airlines Limited, the joint-venture of …

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How the Indian airline industry is attacking AirAsia India

First flight of AirAsia India. Plane at the gate.

Over the last year, the media has covered the various challenges AirAsia India is facing. Ranging from executive level departures late in 2017 onwards, to filing a First Information Report (FIR i.e. a criminal complaint) against former officers of the airline, to CBI (Central Bureau of Investigations) investigations of its director. In this analysis, we explore how the hyper-competitive Indian …

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Tatas and its nominee Directors to take majority stake in AirAsia India

S Ramadorai, Ratan Tata, Tony Fernandes and Mitu Chandilya with AirAsia staff

Tata Sons Limited and its nominated Directors Mr. S. Ramadorai (Chairman) and Mr. R. Venkataramanan, have together entered in to an agreement to take over the stake of Arun Bhatia promoted Telestra Tradeplace Limited in Air Asia India Limited, to gain a majority stake in the airline. Air Asia India is a joint venture promoted by Tony Fernandes promoted AirAsia …

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Singapore Airlines launches TCS Mobile Solution

Singapore Airlines A380 business class. Photo by Devesh Agarwal.

Singapore Airlines (SIA) has launched TCS CrewCollab, a tablet based digital flight-bag solution developed by Tata Consultancy Services (TCS) The application has been developed through a collaboration project by the airline and the software giant, leveraging SIA’s strength in service excellence and TCS’ strength in digital technology development. The airline is the launch customer for the TCS CrewCollab Solution and …

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Tata-SIA joint venture receives FIPB approval

by Devesh Agarwal Photo © Devesh Agarwal The joint venture of Singapore Airlines (SIA) and Tata Sons, Tata SIA Airlines Ltd., to set up a full service airline, has won approval from India’s Foreign Investment Promotion Board (FIPB). The company has an initial capital outlay of $100 million with Tatas holding 51% and Singapore Airlines holding 49%. Tata-SIA will now …

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Tatas and Singapore Airlines to form new airline in India

by Devesh Agarwal Taking advantage of India’s recent liberalisation of the aviation sector, the country’s most famous conglomerate, Tata Sons, and flag carrier Singapore Airlines (SIA) have signed a memorandum of understanding and applied for Foreign Investment Promotion Board (FIPB) approval to establish a new airline in India, thus adding a well financed full service carrier with strong customer service …

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AirAsia JV approved. Aviation ministry officials seek policy clarification

by Devesh Agarwal India’s Foreign Investment Promotion Board (FIPB) today gace an in-principle approval to the Joint Venture (JV) company proposal of AirAsia, the Tatas and the Bhatias. The stated goal of this JV company is to form and operate an airline most likely AirAsia India, based out of Chennai. As per a report, the JV will initially invest about …

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AirAsia, Tatas and Amit Bhatia seek approval to start airline in India. Is SpiceJet the target?

AirAsia A320 9M-AHS at Penang airport.

by Devesh Agarwal Malaysian low cost carrier AirAsia Berhad (Ltd.) through its investment arm, AirAsia Investment Ltd. (AAIL) has submitted an application to the Indian Foreign Investment Promotion Board (FIPB) seeking approval for AAIL to invest 49% into a proposed Indian joint venture together with Tata Sons Limited and Mr. Arun Bhatia of Telestra Tradeplace Pvt. Ltd. The expected holding …

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