Do you know how Air India came to be? Seed planted by JRD Tata ..!
Tata Sons has announced that it has won the bid to acquire Air India, as the Indian government has decided to sell its state-owned Air India. Although the DIPAM organization has declared this news to be false, it has also announced that an official announcement will be made soon.
But if Air India takes over the Tata Group, it will be as if his mother has returned home. How is that ..? After the independence of India, the government acquired Tata Airlines, which was formed by Jehangir Ratanji Dadabhoy Tata (J.R.D. Tata), and converted it into Air India.
There is a long history behind Tata’s struggle to capture Air India.
Tata Air Services, developed by JRD Tata
In April 1932, JRD Tata formed an aviation division under Tata Sons and formed Tata Air Services. The company was originally created for the service of sending mail.
Delivery of mails
To this end, JRD Tata purchased two single-engine de Havilland Puss Moths aircraft and began service. Tata also acquired the mail delivery business from Imperial Airways to expand its business with Tata Air Services.
British Royal Air Force
Then in October 1932, Tata Air Services made its postal delivery service from Karachi to Bombay. It was later expanded to Madras. The aircraft was flown by Neville Vincent, a friend of JRD Tata, the pilot of the Royal Air Force in the British Air Force.
60,000 profit
In the first year alone, the two small planes flew 1,60,000 miles, served 155 passengers and delivered 9.72 tonnes of mail to Karchi-Bombay-Madras. JRD Tata made a profit of about 60,000 rupees during the period 1932-1933.
Tata Airlines launch
JRD Tata started Tata Airlines, a passenger airline, as Tata Air Services began to heat up its passenger service. For this, JRD Tata bought a 6-seater aircraft called the Mile Merlin.
Service expansion in 1938
In 1938, he converted Tata Air Services into Tata Airlines. This was followed by the expansion of passenger air service and postal service to Karchi – Delhi – Bombay – Madras – Ceylon.
World War II
Also during World War II, Tata Airlines, along with the Royal Air Force of the United Kingdom, greatly assisted in the relocation of troops. In addition, Tata Airlines has been involved in rescue operations and aircraft repairs.
Transformation into a public company
After World War II, Tata Airlines began operating fully on its postal and passenger fleet needs. It was subsequently transformed into a public company in July 1946 into a full-fledged passenger service company
Indian independence
Following Indian independence in 1948, the Government of India acquired a 49 per cent stake in Tata Airlines to launch passenger flights. This was followed by the launch of the first overseas flight from Bombay to London by a plane named the Malabar Princess.
Nationalization
In 1953, the Government of India introduced the Air Corporations Act, in which JRD Tata acquired a majority stake in Tata Airlines, a subsidiary of Tata Sons. Following this, Tata Airlines was renamed Air India and nationalized.
J.R.D. Tata
JRD Tata was the Chairman of Air India till 1977.
From 1948-50, Air India expanded its flights to Bangkok, Hong Kong, Tokyo, Nairobi, Rome, Paris, Dசsseldorf and Singapore.
It operated Indian Airlines for domestic flights and Air India for foreign flights.
Liberalization
Attempts to re-privatize Air India in 2000-01 failed. Then in 2001, Air India suffered a loss of about $ 8 million due to the Michael Mascarenhas scandal. It was from here that Air India began to face many trade problems.
Travel to Air India
This was followed by the launch of Air India Express, an affordable service provider in 2004.
In 2007, Air India merged with Indian Airlines to become Air India Limited.
In 2007, Air India partnered with Star Alliance to promote its business.
The total loss of the merged company in March 2009 rose to $ 1 billion.
With the help of State Bank of India, Air India has been able to reduce its debt burden and obtain additional credit. It was during this period that the government began to inject large sums of money.
In 2011, Air India withdrew from the Star Alliance due to non-compliance with the basics.
Since 2013, Air India has decided to sell as it cannot bear the debt burden.
The initiative, which started in 2013, has come to an end today. In short, Tata’s company is back to Tata.
