Air India Bid: How Maharaja fell from skies

Tata sons won Air India

Maharaja Fell from sky

Maharaja in front of Air India Star alliance business traveler lounge Terminal T3, Indira Gandhi Airport (Source: ShutterStock) Air India (AI) was created by industrialist JRD Tata and it undertook its first international flight in 1948. At the time many people thought that it was a crazy idea for AI to start operations on the India-UK sector as it was dominated by airlines like KLM, Air France and Imperial Airways, which were all established players on the route. In 1948, a brand new Lockheed Constellation L-749 made its first Mumbai-Geneva-London flight, flying in Air India International’s colours. In 1953, the Air Corporation Act came into being and created two airlines—Air India International and Indian Airlines Corporation (IAC), the forerunner of Indian Airlines. The idea was that Air India would fly on international routes while IAC would fly on domestic routes.

Not the decline of Air India it is bold privatization of PM Modi

Tata son won the deal with Indian government and became new owner of Air India flights. The proposed handover is a significant victory for Prime Minister Narendra Modi, who has launched a bold privatization plan to reduce the widening budget deficit. It also ends a decades-long struggle to land a money-losing flag bearer. Several governments have tried to sell the airline – which began life as Tata Airlines in 1932 – but those efforts either met with political opposition or lack of interest from potential buyers.

For Tata Sons, the holding company of the salt-to-software empire and owner of British luxury car maker Jaguar Land Rover, the recommendation means it is looking back on the assets it started nearly 90 years ago.

Founded by the legendary industrialist and philanthropist JRD Tata, who was India’s first licensed pilot, the airline originally operated in the 1930s between then-undivided, British-ruled India and Bombay, now known as Mumbai, between Karachi. did.

Once it became commercial and went public in the 1940s, Air India quickly became popular among those who could afford to take to the skies. Its commercials treated Bollywood actresses and travelers to champagne and porcelain ashtrays designed by surrealist painter Salvador Dali.


Check Also
Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker