Who is the Owner of Air India Limited?

In today’s world, many big companies own well-known businesses. These companies help them grow, improve their services and reach more people around the world. Air India Limited is a popular airline that has gone through many changes in its ownership over the years. Knowing who owns it now can help us better understand its future plans and the kind of service it may provide in the coming days.

Owner of the Air India Limited

The main owner of Air India Limited is Tata Group. Tata Group owns 74.9% of Air India Limited. The rest, 25.1%, is owned by Singapore Airlines. So Air India is a joint venture between Tata Group and Singapore Airlines.

Short History of Air India Limited

• Air India Limited was first called National Aviation Company of India Limited when it was set up in 2007.
• It was renamed Air India Limited in 2010.
• Until 2022, Air India was a government-owned company. It was under the control of the Government of India and the Ministry of Civil Aviation.

The Selling of Air India

In 2021, the Tata Group bought Air India from the Government of India for Rs.180 billion (about US$2.44 billion). Tata Group also took over Rs.153 billion (about US$2.07 billion) of Air India’s debt. The rest of Air India’s debt was transferred elsewhere.

Merges and Changes After Takeover

• After buying Air India, Tata Group made plans to merge AirAsia India and Vistara with Air India.
• The Competition Commission of India (CCI) approved this merger in June 2022.
• After this merger, in 2024, Singapore Airlines got a 25.1% share in Air India Limited.