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

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 By 1991 the 1953 Law of Airlines (Air Corporation Act) was repealed and Private Airlines came into the picture.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.