CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Air India Limited is a
A
Private airlines
B
PSU airlines
C
Foreign-government owned airlines
D
None of the above
Explanation: 

Detailed explanation-1: -Air India is the flag carrier airline of India, headquartered at New Delhi. It is owned by Talace Private Limited, a Special-Purpose Vehicle (SPV) of Tata Sons, after Air India Limited’s former owner, the Government of India, completed the sale.

Detailed explanation-2: -It’s a public company and is classified as’company limited by shares’. Company’s authorized capital stands at Rs 5.0 lakhs and has 100.0% paid-up capital which is Rs 5.0 lakhs. AIR India Assets Holding Limited is majorly in Business Services business and currently, company operations are active.

Detailed explanation-3: -Air India’s journey took off in 1932, when Bharat Ratna J.R.D Tata formed an Airline, realising his dream.

Detailed explanation-4: -Air India Ltd (Air India) is a state-owned airline service company. The company offers passenger and cargo transportation services. It operates a wide range of aircraft under three categories, namely, wide body, narrow body air india express and alliance air.

There is 1 question to complete.