Airlines in India, the era of Sustainable Leadership through new ‘Business Combinations’ in reshaping the tourism and hospitality Industry

AUTHOR(S)

Shaheed Khan, Freeda Maria Swarna M, R. Kannan

DOI: https://doi.org/10.46647/ijetms.2023.v07i04.031

ABSTRACT
India was one of the earliest to have an Airline of its own when the Tata Group started an Airline in 1932. Post-Independence, Tata Airline which was rechristened as Air India was taken over by the Government in 1953. Then it was the tumultuous growth, development, and unfortunate fall of Air India/Indian Airlines. By 1991 the 1953 Law of Airlines (Air Corporation Act) was repealed and Private Airlines came into the picture. After which Indian skies underwent a phenomenal change. The research paper will focus on the way private sector has provided for Leadership on the Airline Segment through ‘business combinations’ that have helped ensure a versatile business segment. With coming back of the Tata group into the Airline business with Vistara and Air Asia India and the final take-over of Air India on 27th January 2022, Airlines was seeing a new Leadership emerge. Coming on page of Akasa Airline too has brought about a phenomenal business opportunity and a fillip for tourism and hospitality.
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How to Cite This Article:
Shaheed Khan, Freeda Maria Swarna M, R. Kannan . Airlines in India, the era of Sustainable Leadership through new ‘Business Combinations’ in reshaping the tourism and hospitality Industry . ijetms;7(4):214-234. DOI: 10.46647/ijetms.2023.v07i04.031