Air India Limited

Air India Limited
Air India Limited
Type Government-owned
Industry
Founded 30 March 2007 (2007-03-30)
Headquarters Air India Building, Nariman Point, Mumbai, India
Key people Rohit Nandan[1] , Chairman & Managing Director
Products
Revenue Rs 15257.47 Crores ($3.31 billion) (2007-08)[2]
Net income Rs 1619.12 Crores ($351.98 million) (2007-08)
Employees 32,000 (2009)
Subsidiaries
  • Hotel Corporation of India Limited
  • Air India Air Transport Services Limited
  • Air India Engineering Services Limited
  • Air India Charters Limited
  • IAL Airport Services Limited
  • Airline Allied Services Limited [3]
Website www.airindia.com

Air India Limited is a company that was formed as National Aviation Company of India Limited by the government of India to oversee the merger of Air India and Indian.[4] The company was renamed as Air India Limited on October 26, 2010.[5] It was incorporated under the Companies Act 1956 on 30 March 2007 and was owned by the Government of India based at the Air India Building in Nariman Point, Mumbai.[6] The Company was created to facilitate the merger of the two main state-owned airlines in India: Air India, with its subsidiary Air India Express and Indian, together with its subsidiary Alliance Air (now called Air India Regional).

The previous structure was:

Upon completion of the merger on 26 February 2011 there is now one primary airline, Air India, with two subsidiary carriers providing regional and low-cost, point-to-point services and a third subsidiary for cargo operations:

AIL carriers connect 93 destinations (60 domestic and 33 international) in 24 countries as of February 2011.

References

  1. ^ business standard. http://www.business-standard.com/india/news/rohit-nandan-new-ai-chief-jadhav-removed/144277/on. 
  2. ^ http://home.airindia.in/SBCMS/downloads/Profit_Loss_AC_0708.pdf
  3. ^ AIL annual report
  4. ^ NACIL
  5. ^ "Maharaja gets back old name - The Times of India". The Times Of India. http://timesofindia.indiatimes.com/business/india-business/Maharaja-gets-back-old-name-/articleshow/6812524.cms. 
  6. ^ Annual Report 09 English


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