Air India below Tata’s wings
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 submit World War II
August 1946 Tata Airlines transformed right into a public firm, renamed Air-India
August 1947 India good points 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 Air Corporations Act amalgamating all scheduled airways into 2 firms: Indian Airlines and Air-India International. With this, authorities owns majority stake within the two airways
August 1, 1953 Indian Airlines takes over home enterprise of Air-India
April 19, 1960 Air-India International enters the jet age with Boeing 707 planes
January 1, 1978 Air India’s Boeing 747 crashes off the coast of Bombay killing 213 individuals on board
February 1, 1978 Morarji Desai authorities removes Chairman JRD Tata from 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 collected Rs 43,000 crore in debt and losses of `20,000 crore
2018 Fresh disinvestment try by Narendra Modi authorities to promote 76% stake in Air India. No bid acquired
January 2020 At try by Centre 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 declares Tata Sons will purchase Air India
January 27, 2022 Tata Sons formally regains management of Air India
