homeaviation NewsIndia’s Aviation Industry in 2022: From ‘Maharaja’ returning to Tata Group to launch of Akasa Air

India’s Aviation Industry in 2022: From ‘Maharaja’ returning to Tata Group to launch of Akasa Air

From the homecoming of national carrier Air India, known by its popular mascot ‘Maharaja’, to the Tata Group in January to Ministry of Civil Aviation launching the Digi Yatra platform, an initiative for providing passengers seamless and hassle-free experience at airports, 2022 was an eventful year for the Indian aviation sector. As the year comes to an end, here is a look at some of the highlights of India’s aviation industry.

By CNBCTV18.com Dec 31, 2022 8:32:05 AM IST (Published)

4 Min Read

The year 2022 started on a cautious note for the aviation sector with the fear of an Omicron-led wave of COVID-19 impacting businesses. However, through the year, the tide turned quickly as domestic passenger traffic finally breached the pre-COVID-19 levels. As the year comes to an end, here is a look at some of the highlights of India’s aviation industry.
‘Maharaja’ returns to the Tatas
There was the homecoming of national carrier Air India, known by its popular mascot ‘Maharaja’, to the Tata Group in January after a long wait of almost 69 years. Since the takeover, the new management has been dealing with a host of legacy issues to nurse the airline back to its old glory.
The Group is planning for future expansion, as it made some major decisions. They got a nod from the Competition Commission of India (CCI) for the merger of AirAsia India with Air India. Tata Group has also signed an agreement with Singapore Airlines to merge Vistara with Air India and keep Singapore Airlines as an equity partner in the entity.