Air India timeline: Tata again in Air India cockpit

October 15, 1932: Tata Airlines inaugural service operated on Karachi-Ahmedabad-Bombay route on a de Havilland Puss Moth plane flown by JRD Tata.
January 1, 1946: Civil aviation in India is restored to business standing publish World War II.
August 1946: Tata Airlines will get transformed right into a public firm beneath the title of Air-India.
August 1947: India positive factors independence from the British rule.
March 8, 1948: Air-India International formally integrated with 49% capital participation from the Government of India.
March 1953: Parliament passes the Air Corporations Act amalgamating all scheduled airways into two firms: Indian Airlines and Air-India International. With this, authorities owns majority stake within the two airways.
August 1, 1953: Indian Airlines takes over the home enterprise ofAir-India.
April 19, 1960: Air-India International enters the jet age with Boeing 707 planes going into service.
January 1, 1978: Air India’s Boeing 747 crashes off the coast of Bombay killing 213 folks on board.
February 1, 1978: Morarji Desai authorities removes Chairman JRD Tata from the boards of Air India and Indian Airlines.
April 1980: Indira Gandhi authorities reinstates JRD Tata on the boards of each airways however not as Chairman.
1986: JRD Tata steps down from the boards, his successor at Tata Sons Ratan Tata appointed as Air India Chairman by Rajiv Gandhi authorities.
1989: Ratan Tata steps down as Air India Chairman.
2001: Tata Sons companions with Singapore Airlines to bid for a 40% stake in Air India, in what was authorities’s first try at disinvesting the airline however Singapore Airlines withdraws from the bid.
May 2004: Air India launches low-cost subsidiary Air India Express.
2006: Air India locations order for 68 wide-bodied Boeing plane.
2007: Manmohan Singh authorities merges Air India with Indian Airlines.
2012: Government approves the turnaround plan and the monetary restructuring plan for Air India. By now, the airline has gathered Rs 43,000 crore in debt and losses of Rs 20,000 crore.
2018: Narendra Modi authorities launches recent disinvestment try to promote 76% stake in Air India. Not a single bid acquired.
January 2020: Government makes one other try at disinvesting Air India, this time 100% of it.
September 2021: Tata Sons and SpiceJet promoter Ajay Singh place monetary bid for Air India.
October 8, 2021: Government pronounces Tata Sons will purchase Air India.