Banner
Workflow

Tata Group and Singapore Airlines Now Own Air India Limited

Contact Counsellor

Tata Group and Singapore Airlines Now Own Air India Limited

TopicDetails
Current Owner of Air IndiaTata Group owns 74.9% of Air India Limited. Singapore Airlines holds 25.1%.
Formation and RebrandingEstablished as National Aviation Company of India Limited in 2007. Renamed Air India Limited in 2010.
Previous OwnershipGovernment of India controlled Air India under the Ministry of Civil Aviation until 2022.
Acquisition by Tata GroupTata Group acquired Air India in 2021 for Rs.180 billion (∼US$2.44 billion) and assumed Rs.153 billion (∼US$2.07 billion) of its debt.
Mergers Post-TakeoverTata Group planned to merge AirAsia India and Vistara with Air India. Competition Commission of India (CCI) approved the merger in June 2022.
Singapore Airlines' StakeAfter the merger, Singapore Airlines secured a 25.1% stake in Air India Limited in 2024.

Categories