Posts

Showing posts with the label Air India

The Maharajah’s Maharajah & A Brief History of Indian Aviation

Image
The history of Indian aviation is a captivating tale that weaves together the ingenuity of pioneering individuals, the nation's quest for progress, and the remarkable transformations that have shaped the Indian skies. From humble beginnings in 1911 to a thriving industry that connects the vast subcontinent and extends its wings globally, the Indian aviation sector has experienced exhilarating highs and weathered turbulent storms. Join me on this immersive journey as we take flight through time, tracing the origins, milestones, growth of Aviation sector in India, and significant events that have defined the captivating history of Indian aviation. Pioneering Beginnings The history of Indian aviation traces back to 1911. The first commercial airline flew within Uttar Pradesh, from Allahabad to Naini, carrying mail. This pioneering venture paved the way for future developments in the Aviation industry in India. The pioneers of this era set the stage for what was to come, heralding a ne...

PROBLEMS WITH AIR INDIA AND INDIAN AIRLINES MERGER

                                                                                                                                  AIR INDIA , the brand that today encompasses both the erstwhile Air India and Indian Airlines, is in serious trouble. The National Aviation Company of India (NACIL), formed by the merger of the two airlines, ran up losses of Rs 2,200 crore in 2007-08. Losses for 2008-09 estimated at over Rs 5,000 crore. In 2009-10, losses could exceed Rs 12,000 crore. How did the airline get into such a mess?       Parliament's Committee on Public Undertakings (COPU) has come up with a report that seeks to identify th...

Privatization of Air India- Third time's a charm

  “History repeats itself” I n 2017, the airline continued making losses, and its debt ballooned to Rs 50,000 crores while it continued to lose significant domestic and international market share. Yet again, the government set out to privatize Air India despite failing in 2000. In March of 2018, they issued an expression of interest to sell a 76 percent stake of the perennially loss-making airline and also a 50 percent stake of Air India SATS Airport Services Pvt Ltd, a ground handling joint venture with Singapore Airport Terminal Services. T his attempt at privatization asked the bidders to take on Rs 33,392 crores worth of debt and submit a bid by the month of May 2018. It isn’t surprising that no private firms showed any interest in buying the debt-laden airline. H istory had repeated itself. The government had classically failed to privatize Air India. Although the Airline was massively failing, it was undeniable that Air India had somehow become a symbol of ‘national pride’. T...

Indi go-es to the Air India

     Indi go-es   to the Air India Magic is in the air of India. India witnessed this magic on the 2nd of July, 2022. Magic of change, Magic of confidence, Magic of trust….. The Sunday papers carried an interesting headline. “Passengers faced delays on Saturday and  more than half of the flights operated by India’s largest airline departed late  after a large number of its  cabin crew members  called in sick ”. The mass leave of the employees was attributed to the recruitment drive of Air India which is recently bought by the Tata group. Isn’t it magic?? The airline against which employee unrest pervaded for more than a decade, is now causing tremors to the competitors. The fact that Air India is able to attract prospective employees from its competitors despite the widely known discontent amongst its employees is nothing short of ‘magic’. It is certainly early to conclude but time shall reveal if the change in ownership is the source of this m...